Personal liability protection for founders, executives and board members — for venture-backed companies, non-profits and any board with someone other than the founders on it.
D&O insurance protects directors and officers from personal liability for decisions made in their corporate role — and reimburses the company when it indemnifies them. It's the policy that makes serving on a board a survivable proposition.
Every priced round creates personal liability for directors. Investors typically require D&O cover at term-sheet stage — and most board members won't agree to serve without it.
Independent directors, observer seats and investor-appointed board members are personally exposed to claims by shareholders, employees, regulators and competitors. D&O is what makes that role survivable.
D&O covers defence costs for investigations and formal proceedings against directors and officers — including SEC, FTC, state AG and industry-specific regulators where coverable.
Volunteer board members are sued personally too — by unit owners, members, donors and employees. Non-profit and association D&O is often the cheapest meaningful policy a board can buy.
Personal liability for directors and officers when the company can't or won't indemnify — including bankruptcy and derivative-claim scenarios.
Reimbursement to the company for amounts it pays to indemnify its directors and officers under indemnification agreements.
Securities-claim cover for the entity itself (typical for public and private companies with priced rounds) — plus optional entity cover for non-securities claims in some forms.
Legal defence for civil suits, regulatory investigations and formal proceedings — usually outside the limit on the better forms.
D&O excludes intentionally fraudulent acts. Honest judgement calls and good-faith mistakes are exactly what the policy is for.
Many forms exclude claims between insureds — though carve-outs exist for shareholder derivative actions and bankruptcy trustees, which are the claims that actually happen.
Those belong to GL, not D&O. We make sure the two line up so a claim doesn't fall between them.
D&O placed at every priced round, sized to investor expectations and re-shopped as the cap table grows.
See the pageNon-profit D&O written to protect volunteer boards from personal liability — often the most important policy a non-profit carries.
See the pageD&O for HOA boards, condo associations and management companies — the line that protects volunteer board members.
See the pageD&O for advisor firms including regulatory defence cover for FINRA, SEC and state-level actions.
See the pageD&O for partner-led firms and growth-stage advisory businesses with formal boards or outside investors.
See the pageSeed-stage D&O is a different market and price point from Series C — and from a private equity portfolio company. We re-shop at every funding event so you're not over- or under-covered.
D&O forms vary wildly on retention, allocation, side-A drop-down and bankruptcy preservation. We compare forms, not just premiums — and explain the differences in plain English.
We brief independent directors and observers on what the policy does and doesn't cover so they're not finding out the hard way during a claim.
HUD's insurance requirements for affordable-housing properties are specific, opinionated, and frequently misread. A clear breakdown of what your schedule needs to show.
Accountants over-rely on professional liability as their whole insurance programme. Here are the four other lines that actually matter for a CPA practice in 2026.
A law firm's PL limit needs reset moments — at lateral hire, partnership promotion, practice-area expansion. Most firms set the limit once and let it drift.
Tell us about your entity, your board and your stage. We'll shop the D&O market and come back with the right form — not just the cheapest premium.