Help protect your organization’s directors, officers and senior leadership from risk with Director’s & Officers (D&O) Liability Insurance in Boston. Call (844) 501-1359 to get started.
For over half a century, businesses throughout Massachusetts have relied on our team at McSweeney & Ricci to protect them financially from lawsuits surrounding breach of fiduciary duty and other legal action with directors and officers (D&O) liability insurance in Boston.
Any business that has employees, competitors, vendors, investors or clients can benefit from directors and officers (D&O) liability insurance in Boston. When directors and officers, senior leadership and other employees are sued for alleged or actual actions they took while performing their professional role, D&O insurance can make funds available for legal services and other associated costs.
Each company’s specific insurance needs are unique and should be addressed with customized business insurance. McSweeney & Ricci recommends businesses large and small, add directors and officers (D&O) liability insurance in Boston to their existing business insurance program. Our commercial insurance division has extensive experience delivering flexible business insurance solutions for public entities with boards of directors as well as private corporations to financial institutions, non-profits and more.
If you’re ready to add Directors and Officers (D&O) Liability Insurance in Boston to your business insurance program or just want to know more, contact us at (844) 501-1359.
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What Does Directors & Officers (D&O) Insurance in Boston Cover?
The details of your insurance plan, like which carrier you choose, can have a significant impact on your coverage. Our risk management professionals will work with you to identify your risk exposures and secure the ideal insurance solutions to address them.
Below are the 3 components found in a typical D&O policy:
- Side A: Protects individual directors and officers by providing financial resources for defense and settlements costs from suits brought against them. Side A only applies when the corporation is not legally allowed to pay or is otherwise unable to pay.
- Side B: Pertains to indemnification coverage. Side B can provide reimbursement for your business defense costs and damages on behalf of your directors or officers.
- Side C: Provides corporate liability coverage. Side C can help pay claims brought against your business itself. Side C helps protect the financial stability of your company when it is named along with individual directors in a lawsuit.
No matter what your specific need for directors and officers (D&O) liability insurance in Boston may be – you can count on us to help keep you covered. Companies of every size and across diverse industries trust us to provide customized D&O insurance solutions. We work with you to identify, minimize and mitigate risks to your business. If you do experience a claim, our in-house claims department is there to provide support throughout the entire process and works to return you to normal business operations as quickly as possible.
To get started with directors and officers (D&O) liability insurance in Boston with an experienced member of our commercial insurance team, request a complimentary quote on our website or give us a call at (844) 501-1359