Protect your company’s management team from liability.

Without proper planning, your company’s management team could be held accountable on a personal level for the consequences of certain business decisions. For example, an investor could claim that your company officers did not act in good faith while making decisions or did not accurately represent a situation before initiating an investment. This investor could start a lawsuit in an effort to recover some of their losses.

Directors & officers insurance can protect your company and its management team from financial loss that occurs from regulatory investigations and litigation. Depending on your policy, this insurance can protect your corporate leaders from litigation relating to misrepresenting company assets, breach of fiduciary duty, misuses of company funds, and other situations.

Just like with your other business insurance products, many different factors will affect your directors & officers insurance. Some of these factors include the industry you are in, the longevity of your business, the number of employees you have, and your claims history.

No matter what, our team at Legacy Insurance Partners can help you find the best possible directors & officers insurance for your operation. We want to help you protect your business from financial loss and prevent lawsuits from harming your business’ reputation and the reputation of your key officers.

We have an office in Hickory, North Carolina and want to talk to you more about the importance of directors & officers insurance. To set up your appointment or learn more about this essential type of business insurance, contact us today.

With directors & officers insurance representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, North Wilkesboro, Albemarle, and Raleigh, North Carolina, our team at Legacy Insurance Partners is available to partner as your trusted business insurance advisor utilizing a consultative approach.