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Directors & Officers

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In response to the frequency of such claims, large and small companies, whether corporations, partnerships or limited liability companies, regularly purchase directors' and officers' (D&O) liability insurance to provide personal financial protection to its leaders, if and when they are sued in conjunction with the discharge of their corporate duties. Officers and directors of large corporations require D&O coverage, which has become a core component of corporate insurance, as a condition of employment. Indeed, many investors and venture capitalists also require D&O coverage as a condition of funding.

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