Connect directors & officers (d&o) liability to the operation
Automotive, advanced manufacturing, logistics, construction, hospitality, restaurants, healthcare, and commercial property shape the economy.
What the coverage can help address
- Certain claims against directors, officers, trustees, and leadership
- Specified organization or entity claims where included
- Defense costs for covered management liability allegations
Questions to review
- Claims-made trigger, retroactive or prior-and-pending date, and reporting duties
- Defense inside or outside the limit, retention, allocation, and insured-versus-insured wording
- Employment practices, fiduciary, crime, cyber, professional services, and bodily injury exclusions
Michigan planning context
Winter weather, freeze, wind, and hail
Consider whether this factor changes values, limits, deductibles, coverage structure, protection practices, or expected recovery time.
Great Lakes and inland flood exposure
Consider whether this factor changes values, limits, deductibles, coverage structure, protection practices, or expected recovery time.
Machinery, suppliers, fleets, and production interruption
Consider whether this factor changes values, limits, deductibles, coverage structure, protection practices, or expected recovery time.
Information to prepare
- Organization documents, mission, programs, locations, and financial statements
- Board roster, governance practices, meeting records, and conflict policies
- Employee counts, volunteers, grants, contracts, claims, circumstances, and prior coverage
Frequently asked questions
What should a Michigan business prepare for a directors & officers (d&o) liability review?
Prepare current operational information, values or payroll where relevant, requested limits, contracts, and currently valued loss history. Organization documents, mission, programs, locations, and financial statements; Board roster, governance practices, meeting records, and conflict policies; Employee counts, volunteers, grants, contracts, claims, circumstances, and prior coverage.
Does this page state what insurance is legally required in Michigan?
No. This is general insurance-planning information, not legal advice or a statement of state-specific requirements. Requirements and availability should be confirmed for the individual business.
Coverage descriptions are general. Eligibility, availability, terms, conditions, limits, deductibles, and exclusions vary by account and insurance market.