D&O Insurance - What's Really Covered?

D&O insurance - what's really covered?

I get it, D&O Insurance is confusing. It's not like a lot of other liability coverage forms you're familiar with so I did this video to explain what is covered and what's not to give you a better understanding of this important coverage part.

I like to think of D&O Insurance or Directors & Officers Insurance as "Personal Net Worth Insurance" because it protects the net worth of owners, directors, officers, and managers of private and public companies from claims which arise from wrongful acts and name defendants PERSONALLY in lawsuits!

For more info on D&O Insurance, please contact me:

👦 Gordon Coyle is the CEO of The Coyle Group, a New York-based insurance brokerage and risk consulting firm, operating across the country, focused exclusively on the business insurance market.
☎To contact Gordon please call: 845-474-2924

[yashasgamer]

Could you throw some lights on how to decide coverage limit while buying D&O policy
What is the optimum limit for my company/or any institutions
Is there any mathematical formula for the same
Is there any guidelines

[yashasgamer]

You also mentioned that ransomwere could also be covered under D&O
My institution buys cyber and D&O policies and ransomwere coverage is brought separately in cyber policy
So could I drop ransomwere clause from the cyber policy as D&O covers the same anyway