Directors and Officers

Tanna Insurance

Also known as D&O coverage, Directors and Officers Insurance protects those in positions of leadership in most types of organizations. It helps to safeguards these individuals from any personal losses they could suffer in the event of any legal action that arises as a result of their leadership position. 

Who Needs to Buy D&O Insurance?

Any organization with a company board or advisory committee should purchase Directors and Officers insurance. Irrespective of its size or turnover, the leadership is at risk of facing legal action over their management, mismanagement, or perceived management of the organization. From large corporations to smaller non-profits or educational institutions, buying D&O coverage protects those people who make and take the key decision in the organization.

What can D&O insurance protect against?

When an organization does not comply with certain regulations, such as failing to provide a safe and secure place to work. Or, it is found to be liable because of operational failures or mismanagement; the leadership could be left exposed to further liabilities. Some of these are listed below:

  • Cyber liabilities
  • Non-compliance with regulations or laws
  • Corporate manslaughter
  • Shareholder lawsuits regarding company performance
  • Competitor claims
  • HR-related issues
  • Insolvencies
  • Pollution claims
  • Divestitures


At Tanna Insurance, we will help you secure the best D&O coverage for your organization and protect those individuals who may be exposed to legal action through a leadership position.

What is covered under a D&O policy?

As any insurance agent will tell you, there are different terms depending on the individual insurer you select. Directors and Officers coverage is often a combination of different elements, that are known as ‘sides.’

Here is a breakdown of each.

SIDE A – This provides protection to Officers and Directors in the event the organization itself is not able to indemnify the individuals.

SIDE B – This element will reimburse the organization when it indemnifies the individual and will, therefore, protect the organization’s balance sheet.

SIDE C – This element is also known as entity coverage, and it will eradicate any disputes about coverage allocation when both the ‘insured’ and the officers and directors are each named on a securities lawsuit as co-defendants

At Tanna Insurance, we’re proud of the superior level of service we provide to all our clients.

If you need to buy Directors and Officers insurance for your company, let us help you get the right coverage.

The benefits of buying Directors and Officers Insurance

Aside from the most immediate advantage of covering claims made against the organization’s leaders, there are many other benefits of buying D&O coverage.

  • It can help you retain and attract great leaders – If your organization’s leaders feel that they are exposed to personal liabilities, this could impact your ability to retain them, and it may harm your future potential when you’re trying to recruit new leaders.
  • It could help you to secure investment – If you are seeking investment from a VC or private equity firm, they will usually want to ensure you have D&O insurance in place, to begin with.
  • It covers the cost of legal expenses – Irrespective of fault or wrongdoing, a legal defense can be costly. D&O will typically cover the legal fees for your organization.

Request a Directors and Officers Insurance Quote

Buying commercial liability insurance is essential for your personal and professional protection. With so many types of insurance to review, it’s easy to come unstuck or get overwhelmed by the details. As your local commercial insurance agent in Woburn, we offer a personalized service, and we build insurance packages that are tailored to your individual needs.

Why Choose Tanna Insurance?

We’ve been in business for over twenty years with industry experience of over forty. Here are just a few reasons why clients enjoy doing business with us.

  • Trusted and well-established Insurance agent
  • Independent, family-owned and operated business
  • A dedicated team of insurance experts
  • Personal attention and tailored insurance packages
  • Access to many National & Regional companies
  • Outstanding attention to client services

If you want to work with an insurance agent you can trust, the team at Tanna Insurance can help you protect your business, your people, and your assets.