D&O Insurance, or Directors and Officers Liability Insurance, is a type of insurance that shields directors and officers of a company from financial losses if they’re sued for their actions or decisions made on behalf of the company.

It covers:

– Legal fees and defence costs
– Settlements and damages
– Regulatory proceedings and investigations

This insurance is crucial for businesses, as it protects the personal assets of directors and officers, allowing them to make informed decisions without fear of personal financial risk.