D&O insurance protects a company’s leadership, including directors, officers, and board members, from personal financial loss if they’re sued for decisions made on behalf of the organization.

Any organization with decision-makers can benefit from D&O coverage. That includes private companies, non-profits, and startups, not just large public corporations. If you have a board or leadership team, you have exposure.

It covers legal defence costs, settlements, and judgments arising from claims of mismanagement, breach of fiduciary duty, regulatory violations, or other leadership-related actions. It can also cover costs related to investigations or shareholder disputes.

D&O insurance typically doesn’t cover intentional illegal acts, fraud, or bodily injury/property damage (which falls under other policies like General Liability). It also may not cover disputes between directors unless specifically included.

It’s important to note that legal fees associated with a court case involving any criminal activity, such as outright fraud, are often not covered with D&O insurance.

Both Professional Indemnity (PI) and Directors and Officers (D&O) insurance offer liability protection, but they cover different risks.

Professional Indemnity Insurance (also known as Errors & Omissions) protects businesses that provide advice or services. If a client claims your work caused them financial harm, this policy covers legal fees, settlements, and defence costs. It’s essential for consultants, financial advisors, architects, doctors, and similar professions.

Directors and Officers Insurance protects your leadership team — including directors, executives, and board members — from personal liability if they’re sued over decisions made on behalf of the company. This includes claims of mismanagement, breach of duty, or regulatory issues.

Yes. Most D&O policies include “tail coverage,” which protects former directors and officers for actions taken during their time in leadership, even after they’ve left the organization.

No, but it’s often required by investors, lenders, and board members before joining an organization. It’s also considered best practice for risk management, especially in regulated or litigious industries.

Pricing varies based on your organization’s size, industry, revenue, and claims history. Smaller organizations may pay a few hundred dollars annually, while larger or higher-risk companies may pay more. With APOLLO, quotes are fast, easy, and tailored to your needs.

D&O (Directors and Officers) insurance protects leadership for decisions made in their role, while E&O (Errors and Omissions) insurance covers professional mistakes made during service delivery. Many businesses need both.

Yes. If you're on a board or in an executive role, you can be held personally liable for things like mismanagement, breach of fiduciary duty, or non-compliance, even if you acted in good faith.

Absolutely. Private companies face D&O claims too, often from investors, vendors, regulators, or even former employees. In many cases, they’re more vulnerable than public companies because they have fewer resources to fight a lawsuit.

Yes. Even if the claim has no merit, legal defence costs can quickly climb into the tens of thousands. D&O insurance covers those costs, so you’re not paying out of pocket to prove you did nothing wrong.

Yes. Volunteers can still be named in lawsuits and held personally liable. D&O insurance protects them just like it would protect executives in a for-profit company, which is why many people won’t join a board without it.

Most D&O policies include “tail coverage,” which protects former directors and officers for actions they took while in their role, even if the claim comes months or years after they’ve stepped down.

They’re not. Without D&O insurance, directors and officers can be personally liable for legal costs — even if the organization itself has coverage.

Board members, investors, and lenders often expect D&O coverage to be in place before engaging. Don’t let lack of insurance slow down your funding, hiring, or strategic decisions.

D&O claims aren’t just for large public companies. Private companies, startups, and nonprofits face leadership-related lawsuits more often than you think, often from internal disputes or regulatory issues.

Expanding into new markets, raising capital, or adding board members? Your risk profile changes, and so should your policy. APOLLO makes updates easy so your protection grows with you.

Even unfounded allegations can cost thousands in legal fees. D&O insurance helps ensure that one accusation doesn’t put your leadership, or your organization, at financial risk.