Directors & Officers Liability Insurance for HNWIs

Evolving legislation and stricter governance standards on corporations has resulted in increased personal liability risk for directors and officers who respectfully serve on boards. In the wake of the Enron and Worldcom debacles, liability exposures of corporate directors and officers have increased dramatically. Regardless of the company's size, a wide range of actions can be brought about by any number of parties, which could ultimately endanger the personal assets of directors and officers and jeopardize the underlying company's financial stability.