Side A — individual protection
Protects individual directors and officers directly when the company cannot indemnify them — preserving their personal assets.
Specialized coverages — Mississippi
D & O Insurance
Directors & officers liability coverage that protects your company's leadership — and their personal assets — from the decisions they make on your behalf.
Start my quoteAnyone who serves as a director or officer can be personally sued for the decisions they make in that role — alleged mismanagement, breach of fiduciary duty, misrepresentation, or shareholder and regulatory actions. Defense costs alone can be devastating.
D&O coverage pays legal defense, settlements, and judgments arising from those claims. It's essential for any organization with a board — Mississippi nonprofits, private companies, and healthcare and education institutions included, not just public corporations.
What D&O coverage includes
The protection, piece by piece.
Side B — company reimbursement
Reimburses the company when it indemnifies its directors and officers for covered claims, as most organizations are obligated to do.
Side C — entity coverage
Extends coverage to the company itself for securities claims (public companies) or entity-level allegations (private and nonprofit forms).
Defense costs
Pays attorney fees, expert costs, and regulatory investigation expenses — frequently the largest part of a D&O claim.
Worth knowing
Details that make the difference.
It's claims-made coverage
D&O responds to claims made while the policy is active, so continuous coverage and the right retroactive date matter. Never let a D&O policy lapse without reviewing tail coverage.
Nonprofits need it too
Board members of nonprofits face the same personal exposure as corporate directors — often with fewer resources to defend themselves. Nonprofit D&O is affordable and frequently required by funders.
Employment practices is separate
Employee lawsuits over hiring, firing, and harassment fall under employment practices liability — a related but distinct coverage we can add alongside.
Cyber and regulatory claims are growing
Regulatory investigations and data-breach governance claims are increasingly common D&O exposures. We'll make sure your policy's definitions keep pace.
D&O questions
Common questions, answered.
Protect your leadership.
Tell us about your organization and board, and a licensed Triad advisor at our Jackson office will come back with D&O options sized to your risk — for Mississippi nonprofits, private companies, and growing enterprises.