Wholesale appetite: directors & officers

Directors & officers we place.

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. Already appointed? Send us the account. New here? Apply for appointment below.

Send the file What it covers

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.

The triggers
we hear most.

The company just closed a priced round or brought on outside investors.

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.

The board includes anyone who isn't a founder.

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.

The account is navigating a regulatory or government investigation.

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.

It's an HOA, condo board or non-profit board.

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.

Inside the
policy.

Side A — director and officer protection

Personal liability for directors and officers when the company can't or won't indemnify — including bankruptcy and derivative-claim scenarios.

Side B — company reimbursement

Reimbursement to the company for amounts it pays to indemnify its directors and officers under indemnification agreements.

Side C — entity coverage

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.

Defence costs and investigation expense

Legal defence for civil suits, regulatory investigations and formal proceedings — usually outside the limit on the better forms.

Where buyers
get caught out.

Conduct found to be fraudulent or criminal

D&O excludes intentionally fraudulent acts. Honest judgement calls and good-faith mistakes are exactly what the policy is for.

Insured vs insured (limited)

Many forms exclude claims between insureds — though carve-outs exist for shareholder derivative actions and bankruptcy trustees, which are the claims that actually happen.

Bodily injury and property damage

Those belong to GL, not D&O. We make sure the two line up so a claim doesn't fall between them.

Industries we
place this for.

Tech & AI startups

D&O placed at every priced round, sized to investor expectations and re-shopped as the cap table grows.

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Non-profits

Non-profit D&O written to protect volunteer boards from personal liability — often the most important policy a non-profit carries.

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Real estate & property

D&O for HOA boards, condo associations and management companies — the line that protects volunteer board members.

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Financial advisors & RIAs

D&O for advisor firms including regulatory defence cover for FINRA, SEC and state-level actions.

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Professional services

D&O for partner-led firms and growth-stage advisory businesses with formal boards or outside investors.

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How we place
this line.

Appetite matched in-house

Every submission gets matched internally against the carrier relationships most likely to write it — not shopped blind into a dozen inboxes.

Every hour risks the client

Suitable accounts move to an underwriter after a licensed broker reviews the match and final file. Carrier response and quote timing depend on the account and market.

Just send the file

No upfront appointment required. Send the file you have and we’ll let you know what it needs next.

More to help place
this account.

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the file.

No upfront appointment required. Send the file you have; we'll let you know within 30 minutes if it's something we can help with.

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