Transform Chaos into Control with D&O Bundle Now
Real-World Examples and Financial Context
The importance of D&O insurance is underscored by the increasing number of lawsuits filed against company directors and officers. For instance, in 2022, the U.S. saw over 400 securities class action lawsuits filed, with settlements reaching into the billions1. This highlights the critical need for comprehensive coverage.
Financially, the cost of D&O insurance can vary widely based on factors such as company size, industry, and claims history. For small to medium-sized enterprises, annual premiums might range from $5,000 to $10,000, while larger corporations could see costs exceeding $100,0002. Bundling can significantly mitigate these expenses, making it a financially savvy choice.