Mavco Insurance Agency, Inc. (630) 655-2410
Personal Insurance Business Insurance The Mavco Difference The Mavco Team
October 2011
Does Your Company Need Directors and Officers Liability Protection?
Small – Midsize Firms are at Risk

Liability insurance for directors and officers, known as "D&O", provides coverage for the actions of an organization's top leadership when they are acting in their corporate capacity.

While large, public firms carry D&O as a matter of course, many smaller firms make the mistake of going without coverage — and the consequences can be severe.

WHY YOU NEED D&O LIABILITY COVERAGE
  • Owners and officers of smaller organizations are highly active, putting their actions under scrutiny.
  • Private firms often lack the resources to achieve full compliance, making them vulnerable to government-initiated claims.
  • Legal expenses to fight protracted lawsuits can be crippling.
  • If an owner's personal wealth is tied up in his or her business, the financial consequences of a claim can extend beyond the company to the individual.

Please make sure you, your directors and officers are fully protected. Contact us today to review your coverage and help you fill any gaps.

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ABOUT MAVCO
Mavco is an independent insurance agency located in Hinsdale, Illinois. We provide personal and business insurance solutions, and specialize in supporting the complex needs of high net worth individuals and their families.

Meet the Mavco team. We offer a level of care and attention that cannot be matched.

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