Directors and Officers Liability Policy

Liability coverage for directors and officers is not available through the IRF; it is purchased through AIG insurance company.  The Directors and Officers Liability policy is written on a claims-made basis and covers directors and officers facing claims that allege financial loss resulting from mismanagement.  It contains several types of coverage; direct coverage to directors and officers when the organization is not legally obligated to indemnify them, coverage for University reimbursement when it is obligated to indemnify directors and officers for their acts, and direct coverage to the University.