Do private companies need Directors & Officers (D&O) liability insurance? It is definitely a popular purchase for fast growing companies that are considering going public, being acquired, or are in highly regulated industries.
In addition to being part of an overall risk management strategy, D&O insurance can help attract and retain top talent in your organization. Indeed, some sought-after potential directors and officers might be reluctant to join a company without D&O insurance given the difficult litigation environment in the United States and elsewhere.
D&O insurance is complex—and it takes expertise to structure your D&O insurance program so that it’s suited to your specific company metrics and level of risk tolerance, and will respond when you need it.
Woodruff Sawyer’s “Guide to Private Company D&O Insurance” can help private companies navigate this complicated topic.
Inside this edition, you will find:
- A straightforward explanation of the different sides of D&O insurance (Side A, Side B, and Side C) and how they can work together
- Important D&O insurance exclusions you will want to understand
- Guidance on how to think about D&O insurance as part of your larger management liability program and risk management strategy
- How to choose D&O insurance limits
- What to plan for as you head into an IPO, direct listing or de-SPAC transaction, and key D&O insurance considerations along the way
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Learn more about how derivative suit litigation is impacting the cost of Side A insurance, what Side A insurance coverage is, and how much of it you may want to purchase.