How do we get Directors and Officers liability insurance?
The price, terms and conditions of D&O insurance policies offered by all D&O insurers are negotiable. More favorable terms and conditions are often available, often without additional cost. In order to get the best price and terms, you need the help of an insurance broker who specializes in the placement of D&O policies. An experienced broker will canvass the market to determine which insurers are prepared to offer insurance to you, and with the assistance of counsel will negotiate the best price and terms possible. Your lawyer will also have some ideas about appropriate terms, and some information about which insurers are easiest to deal with when claims are made.