Private Company D&O Liability

Private Company D&O Liability Insurance (PCDO)
A private company’s board of directors face many of the same challenges as their larger public counterparts. These directors and officers are still responsible for the same level of care regardless of the size of the company or how it is organized. Many factors can adversely impact even the most well run for-profit organizations. Although shareholder suits are significant, private companies and their directors and officers can also be sued by regulators, customers, and vendors. Finding solutions that addresses the various risks is critical to ensure the organization’s future growth and success.

Coverage includes Directors, Officers and Organization Liability; Employment Practices Liability (EPLI); Fiduciary; and Crime.

PCDO is available for Progressive-appointed insurance agents through, Progressive's quoting platform. If you are a non-Progressive agent, complete our "Agent Appointment" form and a member of our team will contact you.

  • Nonrescindable and noncancellable policies
  • Most favorable venue punitive damage coverage
  • Limits up to $5,000,000
  • Retention waiver for early settled claims
  • $100,000 sublimit for class-action wage and hour claims defense
  • HIPPA fines and penalties coverage (by endorsement)
  • Defense in addition to limit of liability in many cases (fiduciary only)
  • Fiduciary includes Voluntary Compliance and Delinquent Filer Penalties coverage

Notwithstanding any language to the contrary, nothing contained herein constitutes nor is intended to constitute an offer, inducement, promise, or contract of any kind. All coverage descriptions and claims examples are provided for informational and educational purposes only and are not a representation as to coverage for any particular claim and are not represented to be error free. Coverage for any claim is determined upon the specific facts of the claim, the terms and conditions of the policy and applicable law. For details on the coverage provided by your specific contract of insurance, please refer to your policy. Coverage is subject to underwriting guidelines and may not be available in all states. Limits may be capped for underwriting reasons. Any links to any sites which are not originated by ABA Insurance Services Inc. (ABAIS) are provided only as a courtesy and are not intended to nor do they constitute an endorsement by ABAIS of the linked materials.