Directors’ and Officers’ Liability Insurance (D&O Insurance) is a type of liability insurance that provides financial protection for the personal assets of directors and officers of a company in the event they are sued for alleged wrongful acts in their capacity as a company’s leaders. This insurance covers the costs associated with legal defense, settlements, and judgments that may arise from lawsuits, protecting individuals from personal financial loss. D&O Insurance is designed to protect the personal assets of directors and officers and to attract and retain top talent by providing reassurance that their personal assets are protected in the event of legal action.