Directors and officers (D&O) liability insurance protects individuals from personal losses if sued for their roles in a business or organization. This course provides a detailed look at key provisions in D&O policies, including limits, retentions, coinsurance, conditions, exclusions, and claims-made coverage triggers.

• distinguish among a D&O policy’s three major insuring agreements
• identify “covered damages” and “covered losses” definitions and their coverage limits
• recognize EPL coverage in D&O policies and how endorsements expand it
• identify critical policy conditions: severability, cancellation, subrogation, other insurance, arbitration, presumptive indemnification, and priority of payments
• identify major exclusions, different versions, and their rationale
  
• identify unique exposures of privately held organizations and how their coverage differs from corporate/for-profit firms