Most private companies operate for years without ever facing a directors & officers (D&O) insurance claim. That’s why the risks can be easy to overlook. But D&O litigation isn’t just about major scandals or headline-making fraud. You don’t need to be a unicorn or even on the verge of an IPO to be exposed. Reliable data that can be used to calculate general rates of litigation against private companies is almost impossible to obtain. However, helpfully, insurance carriers sometimes publish reports on their private company D&O claims.
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