Directors and Officers Insurance (D&O Insurance) is a type of liability insurance that protects the personal assets of corporate directors and officers in the event they are sued for alleged wrongful acts while managing a company. This coverage can help pay for legal fees, settlements, and other costs associated with defending against claims related to their decisions and actions. D&O Insurance is essential for attracting and retaining qualified leaders, as it provides them with financial protection and peace of mind. It typically covers claims made by shareholders, employees, or other parties, ensuring that directors and officers can perform their duties without fear of personal financial loss.