Today more than ever, D&O coverage can be a vital risk transfer mechanism for businesses seeking to obtain protection in the face of the evolving labyrinth of statutes, regulations and common law rules. (Credit: hxdbzxy/Shutterstock.com) Today more than ever, D&O coverage can be a vital risk transfer mechanism for businesses seeking to obtain protection in the face of the evolving labyrinth of statutes, regulations and common law rules. (Credit: hxdbzxy/Shutterstock.com)

Most insurance policies are sold on a take-it-or-leave-it basis, leaving policyholders with little opportunity to proactively maximize coverage. Directors & officers (D&O) insurance can be an exception to that rule, but only if policyholders understand the negotiating power afforded to them by the large premium payment they have to offer.

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