Directors & Officers Liability

Directors and Officers (D&O) Liability Insurance

Liability insurance covering directors and officers for claims made against them while serving on a board of directors and/or as an officer. D&O liability insurance can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions. In effect, the policies function as “management errors and omissions liability insurance,” covering claims resulting from managerial decisions.

Who needs Directors & Officers insurance?

  • Public and Private Businesses with a Board of Directors:
    Since general liability insurance and umbrella insurance don’t cover liability of a company’s board of directors, D&O insurance is needed to fill this gap.

  • Nonprofit Organizations:
    Since they are managed by a board of directors, all nonprofits should have D&O insurance coverage.

  • Businesses with Large Liabilities:
    If a business owes more than $1 million to creditors, then it’s important to have this coverage to protect the business, the directors, and the officers in the event the business goes under. Creditors might point to the company leadership as to the reason they weren’t paid in full.

Insurance Brokers of MN – Your Minnesota Directors & Officers Liability Insurance Expert

At Insurance Brokers of MN, Inc. we understand the why you need Directors & Officers coverage and can find you the best coverage and price for your organization.

We work with some of the top insurance companies offering D&O coverage for both the non-profit and for profit industry to find you the best coverage at the best price for your unique organization.

It’s easy to get a no-risk quote. Let our one of our expert insurance agents assist you.

Simply fill out this short form and we’ll get back to you within a day to start the quote process or CALL US TODAY


    Agents located in: Anoka, Ada, Altoona, WI, Bemidji, Blaine, Brandon, Brooklyn Center, Buffalo, Burnsville, Byron, Coon Rapids, Cambridge, Cannon Falls, Dawson, Duluth, Forest Lake, Graceville, Grand Forks, Ham Lake, Hermantown, Hudson, Inver Grove Heights, Isanti, Jordan, Lino Lakes, Little Falls, Medina, Minneapolis, Pequot Lakes, Princeton, Ramsey, Redwood Falls, Rogers, Richfield, St Cloud, St Paul, Thief River Falls, Vadnais Heights, Waconia, Wheaton