Mike Burch, senior director of business development at CoBiz Insurance, tells us about directors and officers (D&O) insurance and how it relates to executives and the companies they are trusted with leading.
Mike Burch (MB): Directors and officers can be personally named in lawsuits against their company for merely fulfilling their duties at the company. D&O helps to protect them, as well as their organization, against financial loss brought on by a claim against them due to a perceived or real…