// definition
D&O insurance
Directors’ and officers’ liability insurance
Short definition
Insurance covering defined consequences of claims connected with directors’ or officers’ duties. Depending on the policy, Side A protects individuals against losses the company cannot indemnify, Side B reimburses certain indemnification paid by the company, and Side C covers certain claims against the company itself. Cover, exclusions and limits are determined by the contract.
risk atlas
Knowledge map
Related analyses
Primary sources
- Chubb and Clyde & Co, Emerging multinational management liability risksSection 4: The make-up of a multinational D&O policy. General explanation of Side A, B and C, separate from Nvidia’s policies.