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Factors Influencing D&O Insurance Costs

The cost of D&O insurance can be influenced by several factors, including the size and industry of your company, financial stability, claims history, and the level of coverage required. For instance, companies in high-risk industries such as technology or finance may face higher premiums due to the increased likelihood of litigation. Additionally, a history of past claims can impact the cost, making it essential to maintain a clean record and implement strong governance practices.