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An Easy-to-Understand Guide to Private Company D&O Insurance

June 27, 2023

/Management Liability/D&O

Given the current macroeconomic environment, private companies are staying private longer. The upside to this is an opportunity to spend more time on public company readiness, including things like environmental, social, and governance (ESG) practices.

If going public is the goal, taking this time to place your D&O insurance program is beneficial too.

By placing D&O insurance while the company is still private, you can build relationships with public company insurers. You can also avoid having to make any warranty statement for at least the first layer or layers of insurance the company will rely on after going public.

Of course, there are other reasons that private companies choose to buy D&O insurance, such as attracting and retaining top-tier directors and being prepared for potential shareholder lawsuits, to name two.

Each year, Woodruff Sawyer releases its Guide to Private Company D&O Insurance. In the 2023 edition, we cover everything private companies need to know about directors and officers liability insurance.

When you access the guide, you’ll find out more about:

GET INSTANT ACCESS TO THE GUIDE >>

Guide to Private Company D&O Insurance 2023 Cover

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All views expressed in this article are the author’s own and do not necessarily represent the position of Woodruff-Sawyer & Co. The information in this article is for general informational purposes only; it is not intended to and does not constitute legal advice.

Priya Cherian Huskins, Esq.

Senior Vice President, Management Liability

Editor, D&O Notebook

Priya is a recognized expert and frequent speaker on D&O liability risk and its mitigation. In addition to consulting on D&O insurance, she counsels clients on corporate governance matters, including ways to reduce their exposure to shareholder lawsuits and regulatory investigations. Priya serves on the board of an S&P 500 public company and a large private company and has an impressive list of publications, speaking engagements, and awards for her influence and expertise in the industry. 

415.402.6527

LinkedIn

Priya Cherian Huskins, Esq.

Senior Vice President, Management Liability

Editor, D&O Notebook

Priya is a recognized expert and frequent speaker on D&O liability risk and its mitigation. In addition to consulting on D&O insurance, she counsels clients on corporate governance matters, including ways to reduce their exposure to shareholder lawsuits and regulatory investigations. Priya serves on the board of an S&P 500 public company and a large private company and has an impressive list of publications, speaking engagements, and awards for her influence and expertise in the industry. 

415.402.6527

LinkedIn