Directors & Officers Insurance in NS, NB & PEI
As a company leader, the decisions you make every day shape the future of your organization. But with leadership comes inherent risk. Even the most well-intentioned choices can be questioned, and personal liability may arise from claims alleging wrongful acts, mismanagement, or breaches of fiduciary duty.
Directors and officers (D&O) insurance is designed to protect your organization’s decision-makers from these potentially costly legal challenges. It ensures that directors, officers, and board members can carry out their responsibilities with confidence, knowing they have coverage if disputes arise.
What D&O Insurance Covers
D&O insurance safeguards leadership against lawsuits arising from alleged errors or omissions in their management roles. These claims can come from a variety of sources, including shareholders, employees, regulators, competitors, or customers. Common allegations include:
Breach of fiduciary duty – Failing to act in the best interest of the company or its stakeholders.
Misrepresentation or misleading statements – Providing inaccurate or incomplete information in official communications.
Regulatory non-compliance – Violating laws, rules, or industry regulations.
Employment practices violations – Issues such as discrimination, wrongful termination, or harassment claims.
Financial mismanagement – Allegations of errors in accounting, reporting, or oversight of company funds.
Protect Your Leaders, Protect Your Business
D&O insurance is vital for a wide range of organizations, including public and private corporations, nonprofits, startups—essentially any company seeking to attract and retain experienced, qualified leaders.
Without D&O coverage, claims against your company’s leadership can result in substantial legal defense costs, expensive settlements, or judgments. In some cases, these risks can extend to the personal assets of executives, putting both the individuals and the organization at risk.
