Directors and Officers Liability Insurance Program from A.I.I. Insurance Brokerage of MA
At A.I.I. Insurance Brokerage of MA, we understand the management liability exposures directors and officers face today. Our Directors and Officers (D&O) Liability Insurance program helps independent agents and brokers place coverage for clients that need protection against alleged wrongful acts, errors, or omissions by management.
We place D&O through our Excess & Surplus Lines Brokerage platform and provide access to a range of carrier partners. With available markets across Massachusetts (MA), Maine (ME), New Hampshire (NH), and Rhode Island (RI), we offer flexible solutions tailored to each organization’s governance and risk profile.
Ideal Accounts and Appetite
This program is best suited for:
- Private companies of all sizes
- Nonprofit organizations, including educational, healthcare, and charitable groups
- Community associations and boards
- Start-ups and emerging businesses with active boards
We consider a broad range of industries, including technology firms, manufacturers, and professional/service businesses. Accounts with prior coverage, documented governance, and risk management practices are typically more competitive in the market.
Not typically a fit: publicly traded companies, organizations with unresolved litigation targeting directors or officers, or entities in severely distressed financial condition.
Coverage Highlights and Advantages
The program provides flexible D&O options that can be tailored by carrier and account size. Core features commonly available include:
- Coverage for past, present, and future directors and officers
- Protection for claims alleging wrongful acts, errors, or omissions by management
- Defense costs and settlement expenses addressed within the policy
- Optional endorsements such as Employment Practices Liability (EPLI) and Fiduciary Liability
- Competitive quoting through multiple carrier partners to help you find the best placement
Example: You might have a New Hampshire nonprofit whose board is concerned about personal exposure from volunteer directors. This program can help secure D&O protection specific to nonprofit governance risks.
Underwriting Notes and Minimum Premiums
Minimum premiums vary by carrier, industry class, coverage limits, and the account’s risk characteristics. Typical underwriting requirements include a completed D&O application, recent financial statements, claims history, and information about board composition and governance policies. We work with carriers that consider proactive corporate governance and documented loss controls favorably.
Territories and Availability
The program is currently available in:
- Massachusetts (MA)
- Maine (ME)
- New Hampshire (NH)
- Rhode Island (RI)
Coverage is written on a non-admitted basis in most available markets, which allows for broader form flexibility and customized endorsements where appropriate.
Why Work With A.I.I. Insurance Brokerage of MA
As an Excess & Surplus Lines Broker, A.I.I. Insurance Brokerage of MA gives independent agents access to a diverse panel of D&O carriers and experienced underwriting support. Our team focuses on specialty management liability risks and can help place accounts that do not fit standard admitted markets. We emphasize responsive service, competitive options, and practical underwriting guidance to improve placement success.
Learn more about our brokerage at our company profile.
Frequently Asked Questions
What types of accounts are a good fit for this D&O program?
This program is ideal for private companies, nonprofits, and associations with active boards that need management liability protection.
Which states is this program available in?
The program is currently available in Massachusetts, Maine, New Hampshire, and Rhode Island.
Is this an admitted or non-admitted program?
Most markets we access for this program are non-admitted, which provides greater flexibility in forms and endorsements.
What information is needed to get a quote?
Typical submissions include a completed D&O application, financial statements, claims history, and details on board structure and governance controls.
Can EPLI be included with this program?
Yes. Employment Practices Liability Insurance can often be added as an endorsement depending on the carrier and the account’s risk profile.
Need help placing an account? Connect with a market specialist.