Startups Protect Your Future with D&O Gamechanger

Real-World Examples of D&O Insurance in Action

Consider the case of a tech startup that faced a lawsuit from a former employee alleging wrongful termination. The legal battle dragged on for months, costing the company over $500,000 in legal fees and settlement costs. Fortunately, the startup had a robust D&O policy that covered these expenses, allowing them to continue operations without financial strain². Another example is a biotech firm that was sued by investors for alleged mismanagement. With the help of their D&O insurance, they were able to settle the case out of court, preserving their reputation and investor relations³.