Shield Your Success with This D&O Insurance Secret
Real-World Data and Examples
The importance of D&O insurance is underscored by numerous high-profile lawsuits. For instance, in 2018, Tesla's directors faced a shareholder lawsuit alleging breaches of fiduciary duty1. Without adequate D&O insurance, such cases could lead to significant financial losses. Statistics show that the average cost of a D&O claim is approximately $387,0002, highlighting the potential financial burden.