Directors’ and officers’ liability insurance can go a long way to preventing loss
Managing a business has become significantly more complicated for corporate directors and officers. Globalization, economic instability, increased competition and strengthened regulation, among many other factors, have all forced a new form of stress upon executives. Unfortunately, a management decision can result in an unforeseen consequence that can materially impact a company’s financial position and security — and, in certain cases, put an executive’s personal assets at risk.