Directors & Officers

Business Insurance


Whether you sit on a board of a local non-profit or at the helm of your own company’s board of directors, ensure that your personal assets are properly protected in the event of an executive liability lawsuit.


D&O Insurance with the Byrnes Agency

Safeguarding Personal Assets, Your Entity

Running your operation requires taking proactive measures to protect the business against certain key exposures such as accidents on the premises and property damage because of a fire or storm. But what about protecting the company, you, your directors and officers, and key executives against the potential consequences of alleged wrongdoings, such as financial mismanagement, misappropriation of funds, and negligence?

Are you sure your business has the appropriate coverage needed to safeguard the assets of the company and key individuals alike in these situations? You wouldn’t be covered under your company’s General Liability and Umbrella policies, as these policies typically don’t cover management liability losses.

That’s why the Byrnes Agency in Connecticut offers Directors and Officers (D&O) insurance. It provides the much-needed protection you need against the costs of legal defense and indemnity coverage for the business, directors and officers, and employees in suits alleging internal mismanagement.

The Components of a D&O Policy

D&O insurance can be designed to include different coverages:

Side A: Responds when a company is unable to indemnify its directors and officers; this is referred to as the “personal protection” part of a D&O insurance contract.

Side B: Reimburses a company for its indemnification obligation to its directors and officers.

Side C: Also known as “entity coverage,” ensures there is corporate coverage whenever the corporation is sued along with the directors and officers.

We’ll help you determine the best D&O plan for you. We’ll work with you to look objectively at the risks, threats, and challenges you may face, and then put together a program that can mitigate the severity and frequency of outside litigation while providing you with insurance.

Rely on Byrnes for your personal and business insurance needs.

We’ve been in the insurance business for a long time. Let our staff show you what responsive service and real value are all about. Contact us today! We’re looking forward to it.