What is D&O insurance?

Directors and Officers (D&O) liability insurance protects the personal assets of corporate directors and officers (and the corporation itself) against claims arising from their decisions and actions in those roles. Typical claims involve breach of fiduciary duty, mismanagement allegations, regulatory inquiries, employment-related claims at the executive level, and shareholder disputes (for private companies with outside investors).

Does my Florida nonprofit need D&O?

Yes. Florida nonprofits often have the highest D&O claim frequency of any organization type because board members are usually volunteers who can be personally sued for board decisions. Without D&O, board members put their personal assets at risk. Most Florida nonprofits with any meaningful operations should carry D&O, and many board members will require it before agreeing to serve.

How do I quote D&O for my Florida organization?

Call 941-952-7991. Have your organization's revenue or budget, employee count, board structure, financial statements, and prior claims history ready. D&O underwriting varies significantly between for-profit and nonprofit forms.

Hendrickson Insurance

☎ 941-952-7991 dennis@hendricksonins.com Schedule a Call →

Directors & Officers. Commercial Liability

Florida D&O insurance,
for the board you serve on.

Directors and Officers liability insurance protects the personal assets of corporate directors and officers (and the organization itself) from claims arising from board service and executive decisions. Critical for Florida nonprofits, private companies with outside investors, and any business with a formal board structure. Hendrickson Insurance writes D&O for organizations across Sarasota, Bradenton, Tampa, St. Petersburg, Clearwater, Venice, and Lakewood Ranch.

Call 941-952-7991 Schedule a Call

D&O Covers

Who D&O protects.

Side A

Individual Directors & Officers

Personal asset protection when the organization cannot or will not indemnify. The reason board members agree to serve in the first place.

Side B

Corporate Reimbursement

Reimburses the organization when it indemnifies directors and officers as required by bylaws or law.

Side C

Entity Coverage

For private companies and nonprofits, coverage of the organization itself for certain securities-related claims and breach of fiduciary duty claims naming the entity.

Coming Soon

Organizational-type guidance coming soon.

Expanded content covering nonprofit-specific D&O underwriting, private company vs nonprofit form differences, employed lawyers coverage, fiduciary liability (ERISA), and the relationship between D&O and EPLI is coming. In the meantime, call 941-952-7991.

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