9:00AM - 6:00PM EST


Private D & O

When most people think about Directors and Officers insurance (D&O insurance), they think it’s only needed by large publicly traded for-profit businesses with many shareholders. But adequate D&O protection is just as essential for not-for-profit organizations to guard against actual or alleged wrongful acts.

Why Do I Need Non-Profit Directors & Officers Insurance?
Speaking with non-profit clients, the common misconception is that their directors, officers, and trustees do not have any real personal liability exposure from their non-profit activities. Many join the non-profit sector to serve the community so it never crosses their mind that they could be exposing themselves to serious financial harm as a result.

But the reality is that the legal standards of conduct required of non-profit directors and officers are at least as high as their counterparts working in for-profit corporations – if not higher. And in today’s litigious environment, the financial risk to non-profit leaders is greater than ever. You may find that the cost of even one small claim can exceed the annual cost of directors and officers insurance by tenfold. 

oval brown wooden conference table and chairs inside conference room