Protect Against Claims of Mismanagement
Although there is no single solution for protecting directors and officers from liability,
Directors and Officers Liability Insurance (D & O) can be an effective tool when looking to protect a
firm's overall exposure. The basic management practices have not been sufficient to guard against claims
of mismanagement and all company managers have come under increasing judicial and regulatory scrutiny. These regulatory
changes will improve corporate governance over time, but also increase litigation
risk for companies not in compliance.