Skip to main content
Navacord

Protecting the leaders who guide your organization

Directors and officers face increasing scrutiny from shareholders, employees, regulators and the public. Directors and officers (D&O) liability insurance helps protect board members, owners and managers from claims related to decisions made in the course of leading the organization.

Core coverage areas for leadership protection

Common features of director and officers liability insurance policies

Coverage and policy options can vary significantly by insurer, but most D&O policies include three common coverage areas:

  • Side A coverage

    Provides direct protection for directors and officers when the organization is unable or unwilling to indemnify them for covered losses.

  • Side B coverage

    Reimburses the organization when it indemnifies directors and officers for covered claims, helping offset the costs of defending and supporting its leadership team.

  • Side C coverage

    Protects the organization itself when it is named in a covered claim alongside its directors and officers.

Advantages of partnering with Navacord for your D&O insurance

Our advisors help you navigate the complexities of D&O insurance and identify the coverage options that best support your organization’s needs.

  • Two business professionals reviewing documents together

    Decades of experience

    Our advisors bring extensive experience protecting directors and officers of public, private and non-profit organizations across a wide range of sizes, sectors and industries.

  • Professional speaking on a mobile phone while working at a desk in a modern office environment. A laptop is visible in the foreground, highlighting client communication and advisory services.

    Customized solutions

    With access to more than 100 insurers and specialty underwriters, we can help design a tailored solution for your organization and its directors and officers.

  • Diverse business professionals networking in a modern office with a world map in the background.

    National and global capabilities

    Through our networks and alliances, we connect you with local insurance and risk management professionals across Canada and around the world.

Learn from our D&O insurance experts

Danielle GorstPartner and National Practice Leader, Financial Lines

Directors and officers should purchase D&O liability insurance to protect their personal assets and the organization from the financial impact of lawsuits, regulatory investigations, and governance-related claims. Comprehensive coverage helps attract and retain talented leaders, provides access to experienced legal defence, andsupports confident decision-making in a complex business environment

Industry‑specific coverage options 

Our advisors leverage cross‑industry expertise to deliver tailored insurance solutions that go beyond generic coverage. 

    Two professionals standing outside a commercial office building and discussing information on a mobile device, representing business collaboration, client advisory services, and professional relationship management.

    FAQs about directors and officers liability insurance

    Modern conference room featuring a large meeting table, ergonomic chairs, and minimalist furnishings, representing corporate meetings, executive discussions, and collaborative workspace environments.

    Directors and officers insurance quote

    Secure your leadership team against key risks