Alexander J. Wayne & Associates, Inc. is a trusted wholesale broker with deep expertise in professional liability risks. Our For Profit Directors and Officers (D&O) Liability Insurance program is designed to protect directors and officers of privately held and publicly traded for-profit companies from a wide range of legal exposures.
Overview of the Program
Today’s business leaders face increasing legal risks from shareholders, employees, vendors, customers, competitors, and even government entities. Our D&O program is built to help agents place this challenging coverage by offering comprehensive protection for individuals in leadership roles. Whether your client is a startup or an established enterprise, we can help you secure broad coverage that protects both the company and its leadership team.
Ideal Accounts and Appetite
This program is suitable for a wide range of for-profit entities, including:
- Privately held companies
- Publicly traded companies
- Closely held or family-owned firms
We welcome accounts across various industries, with special consideration for those with fewer than 200 employees to take advantage of certain defense cost benefits. If you have a client concerned about boardroom liability, such as a mid-sized manufacturer, technology startup, or retail chain, this program may be an excellent fit.
Coverage Highlights and Advantages
Our For Profit D&O Liability Insurance program offers a range of policy enhancements and options to address evolving risks:
- Separate Limit of Liability for Employment Practices Liability (EPL) claims
- D&O limit is not eroded by employment-related claims
- Unlimited Extended Reporting Period for former directors and officers at no additional charge
- EPL defense costs outside the limit of liability (available for accounts with 200 or fewer employees)
- Optional extensions for Fiduciary Liability and Crime Coverage
- Duty to Defend policy form
- Automatic Entity Coverage at no extra cost
- Spousal extension included
- Automatic coverage for service on 501(c)(3) nonprofit boards
- Coverage available for individual directors or officers
Underwriting Notes and Carrier Access
Alexander J. Wayne & Associates, Inc. works with all major U.S. carriers and Lloyd's of London, both domestic and London open market. This gives us the flexibility to tailor solutions for unique or hard-to-place risks. We offer coverage on both admitted and non-admitted paper, depending on state and risk characteristics. We take a consultative approach to underwriting and work closely with agents to find the best fit for each account.
States and Availability
This program is available in all 50 states, plus Washington, D.C., making it ideal for agents with multi-state clients or growing regional businesses. Whether you’re located in California, Texas, New York, or anywhere in between, we can help you place your client’s D&O risk.
Why Work With Alexander J. Wayne & Associates, Inc.?
With decades of experience in professional liability and management risk, Alexander J. Wayne & Associates, Inc. is a go-to resource for agents looking to place complex D&O exposures. We offer personalized support, market access, and underwriting expertise to help you deliver the right solution for your clients. Our broad coverage options, flexible underwriting, and national reach make us a strong partner in this space.
Call us today to learn more about our Directors & Officers Liability Insurance program and how we can help you protect your clients' leadership teams.
Frequently Asked Questions
What types of accounts are a good fit for this D&O program?
This program is ideal for privately held and publicly traded for-profit companies, including startups, mid-sized businesses, and family-owned firms across a wide range of industries.
Does this program include coverage for employment practices liability?
Yes, it offers a separate limit of liability for EPL claims, and for accounts with 200 or fewer employees, EPL defense costs are covered outside the policy limit.
Can individual directors or officers be covered under this program?
Yes, this program offers coverage options for individual directors or officers, which can be especially helpful in unique board structures or advisory roles.
Is this program available nationwide?
Yes, the program is available in all 50 states and Washington, D.C.
What carriers support this program?
We work with all major U.S. carriers and Lloyd’s of London markets, offering both admitted and non-admitted solutions depending on the risk and location.
Need help placing an account? Connect with a market specialist.