The Basics of Directors & Officers Insurance

Directors & officers insurance, TJ Woods Insurance Agency, Worcester, MAWhen a company gets big enough, it’s oversight must be managed by key employees known as directors and/or officers. From the Chief Executive Officer to a Board of Directors, these key people make decisions and set policy that can have dramatic effects on the company, its employees, its beneficiaries, and the public. Since these changes can result in changes to the company’s image, profitability, and employment, these directors and officers have a lot of liability leveled directly at them. When your managers have the looming threat of lawsuits leveled by internal and outside interests, it’s important to have them protected. [Read more…]