Companies and not-for-profit organizations that have directors and officers often find that this coverage is necessary to attract top talent because it protects the personal financial interests of directors and officers within the organization.
Since directors and officers are so often targeted in lawsuits related to any grievances against the organization, it is important for people serving in these positions to have the financial protection this coverage provides. This may include costs of legal defense, judgments awarded, and settlements reached.
Contact Generazio Associates at (973) 429-8100 to discuss how we can help with your insurance needs.
