Directors and officers insurance provides coverage for protection and legal defense of directors, officers, and certain other individuals associated with an organization that may be found legally liable for damages resulting from work related activities. Though most commonly used for publicly held companies and non-profit boards of directors, this coverage can also be important for many private firms. This insurance deserves careful consideration by every private or public board of directors in America.
Most claims that this protection cover arise out of lawsuits for corporation mismanagement. Black Bear will thoroughly assess your potential risks and exposures and provide you with quotes based on your needs and exposure.
Black Bear Insurance Agency is proud to be a part of the following organizations for independent insurance agencies.