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Partner - Assurtrak Insurance Brokers, LLC - Specializing in Professional & Management Liability Insurance - D&O Insurance, IPOs, SPACs, Legal Malpractice, Cyber Liability
When it comes to Directors and Officers (D&O) liability insurance, the stakes are high, and the risks are real. Companies are increasingly vulnerable to lawsuits stemming from decisions made by their leaders. Whether it's due to alleged breaches of fiduciary duty, misrepresentation, or failure to comply with regulations, the financial impact of these claims can be significant, often running into the millions. In recent years, there has been a marked increase in claims related to mergers and acquisitions, with directors often caught in the crossfire of shareholder disputes. These claims are not just about financial losses; they can also damage reputations and disrupt business operations. To navigate these challenges, it’s critical that businesses stay proactive by regularly reviewing their D&O policies, ensuring they’re equipped to handle the complexities of today’s corporate environment. https://lnkd.in/eG7S-bSg #DOInsurance #CorporateRisk #Assurtrak Assurtrak Insurance Brokers, LLC