--- title: Directors & Officers Insurance | Get a Quote | PJ&C Insurance description: Get a quote on directors & officers insurance with PJ&C Insurance. Explore our tailored insurance options for businesses in AL, GA, MS, NC, SC, LA, TN, KY, FL, TX, NV, CA, CO, KS, OH, and DC today. --- For more than 50 years, Pepper, Johnstone & Company has been trusted with insuring families and businesses. We partner with 60+ insurance companies so that you can consider options that provide the most appropriate protection. # Directors & Officers Insurance from Pepper, Johnstone & Company **Directors and Officers Liability (D&O)** protects directors and officers of public, private and non-for-profit corporations against loss (damages and defense cost) arising out of their status or conduct as directors and officers. Common claims allege breach of duty, securities law violations, and unfair competition. ### Why You Need Protection Even if you don’t have outside shareholders, you are still at risk. On average, only 25 percent of directors and officers claims come from shareholders, with the remainder coming from other sources, such as vendors, customers, regulators and employees. As director or officer of any company, public or private, you can be held personally liable for your management actions. If your company is faced with a lawsuit, defending it could be financially debilitating. You’ve worked too hard and sacrificed so much to build a successful business. Don’t let the actions of others put your business at financial risk. ### Get a free quote for directors & officers insurance We'll provide you with a directors & officers insurance quote from an insurer that meets your needs and your budget. [GET A QUOTE](/insurance/business/directors-officers-insurance/quote) [GET SERVICE](/claims-services) * * * ### Director & Officers Liability Claims Examples #### #### Stolen business opportunity – $2,500,000 The vice president of a manufacturer determined that a new product line presented tremendous sales potential. Instead of presenting his company with the opportunity, he shared it with his brother, who formed a new company to manufacture it. A shareholder sued the VP and the manufacturer, alleging that they wrongfully took advantage of an opportunity belonging to the corporation. #### Violation of non-compete agreement – $850,000 A company recruited a top sales executive employed by a competing company. The competitor sued the company, alleging it had interfered with the competitor’s contractual relationship with its employee. Defense expenses were in excess of $250,000 and the competitor was awarded damages of $600,000. #### Breach of fiduciary duty – $2,000,000 A plaintiff brought action for injunctive relief to remedy breaches of fiduciary duty, specifically alleging gross negligence and lack of a fair process against certain directors of the defendant. According to the claim, the defendant’s board awarded a regional operating license to one affiliate organization rather than the plaintiff. Defense costs alone exceeded $2 million. #### Failure to supply business – $500,000 A retailer advised one of its suppliers to increase inventory because it expected business to increase significantly. The retailer’s business did grow, but it decided to move to another supplier. The original supplier sued the retailer, alleging that it relied on the retailer’s promise of more business and thus suffered damages when that business didn’t materialize. ### Get the protection you need tomorrow, today. To learn more about our Directors and Officers (D&O) liability insurance products, [speak with one of our experienced professionals](/contact) today. * * * ## Clients Love Us We work hard for this reputation. [![Lauren Marsh](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/testimonials/lauren-marsh.8f1ef3286aaf69249e3de25282587a81dc15842de09824b6b0cbfb88b2501a20.webp)](/about/client-testimonials) What’s made us stick with them is the accountability. **— Lauren Marsh —** Ridgeline Construction [![Lynn Persell](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/testimonials/lynn-persell.9a4cd56880c3014002601585585987659e761ba9b4ce55d934e41cc15c2c97f5.webp)](/about/client-testimonials) They’ve taken care of me during the darkest days after the tornado. **— Lynn Persell —** Persell Lumber & Mill Shop [![Mike Walters](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/testimonials/mike-walters.b7e85f459e5433841cfc9e45b3561d5fa0b394111be2eb8400535769c689c271.webp)](/about/client-testimonials) They understand our business & risk profile through industry knowledge. **— Mike Walters —** MVW Nutritionals ![Commercial client](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/avatars/woman-1.9cb73af9c1e3961f57515ecda4c9f4e639df0eff922a19dccb73c30bfe4385f4.webp) PJ&C has become a crucial member of our business support team over the past several years. **— Commercial client —** Atlanta, GA ![J.W. E.](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/avatars/man-1.26763a560ec8c33e538d9a14d02e9af37b878ed2735807d5bbca818b43fecadb.webp) The entire team is not only knowledgeable but down to earth and willing to share their time, tips and ideas. **— J.W. E. —** Nashville, TN ![Matthew H.](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/avatars/man-2.f0d626a1e52b3f01c2be3c90db4d5d367c60b36ac6f55c3a5fecdb9bccc5bd8b.webp) Top notch insurance agency! The team at PJ&C provide excellent customer service while meeting all our needs. **— Matthew H. —** Dallas, TX ![Samantha B.](https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/avatars/woman-2.8e76c5af7c1582529e66148a1be8aa0a919754e1706a80af3031e295450f4db1.webp) All the employees at PJ&C are very professional and knowledgeable. Exceptional customer service. **— Samantha B. —** Athens, AL [MORE REVIEWS](/about/client-testimonials) ## Insurance Articles from the Pepper, Johnstone & Company blog [**D&O Insurance for Startups: The Stage-by-Stage Risk Guide** — **TL;DR:** Once outside capital enters your company, every board-level decision carries personal liability for the people making it. D&O insurance covers directors, officers, and executives against claims of mismanagement, investor misrepresentation, and regulatory violations. Most institutional…](/blog/d-o-insurance-for-startups-the-stage-by-stage-risk-guide) [**What Insurance Do Startups Need? A Pre-Seed & Seed Checklist** — Most founders treat startup business insurance as a problem for later stages. It isn’t. The moment you sign your first client contract, bring on a W-2 employee or close your first round with outside investors, you’ve created real liability exposure. — The right coverage determines whether your…](/blog/what-insurance-do-startups-need-pre-seed-seed-checklist) [**SaaS Company Insurance: What a BOP Won't Cover** — A SaaS company can sign its first enterprise contract, close a seed round and onboard a dozen employees before anyone asks whether the insurance program actually matches the exposure. — A Business Owner’s Policy covers a slip-and-fall here, a damaged server there. It does _not_ cover a client lawsuit…](/blog/saas-company-insurance-what-a-bop-wont-cover) [View all articles](/blog) ## Related Types of Insurance [— Employment Practices Liability Insurance — for business owners](/insurance/business/employment-practices-liability-insurance) [— Commercial Liability Insurance — for business owners](/insurance/business/commercial-liability-insurance) [— Commercial Property Insurance — for business owners](/insurance/business/commercial-property-insurance) [— Commercial Umbrella Insurance — for business owners](/insurance/business/commercial-umbrella-insurance) ```json {"@context":"https://schema.org","@type":"WebSite","url":"https://www.pjcoinsurance.com/","name":"Pepper, Johnstone & Company"} ``` ```json {"@context":"https://schema.org","@type":"Product","name":"Directors & Officers Insurance","description":"Comprehensive directors & officers insurance coverage tailored to your needs.","url":"https://www.pjcoinsurance.com/insurance/business/directors-officers-insurance","image":["https://webtricity-assets-2.wbtcdn.com/fab11678-4400-4e7b-9d4a-2a2f81685a28/images/logo.80d7f691a213f4c005424382960e8608cbeea8e81c4c6b54b3ad47b9b05f80b8.svg"],"brand":{"@type":"Brand","name":"Pepper, Johnstone & Company"},"offers":{"@type":"Offer","url":"https://www.pjcoinsurance.com/insurance/business/directors-officers-insurance","priceCurrency":"USD"}} ``` ```json {"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/insurance/business","name":"Business Insurance Products"}},{"@type":"ListItem","position":2,"item":{"@id":"/insurance/business/directors-officers-insurance","name":"Directors & Officers Insurance"}}]} ```