Marsh vs TechInsurance D&O Insurance

Marsh's financial and professional liability practice places D&O insurance for public, private and non-profit companies; MMA also places D&O coverage within its executive and professional liability practice for middle-market clients. ^5,6Company-reported. Marsh D&O page and MMA executive and professional liability page.

TechInsurance arranges directors and officers (D&O) insurance, a type of management liability insurance, and says it can be purchased as a standalone policy or as an endorsement to a general liability policy or business owner's policy. ⁹Company-reported. D&O product page.

The reviewed pages do not name a specific D&O insurer. ^5,6Not publicly disclosed. Marsh D&O page and MMA executive and professional liability page as read on 2026-09-23.

The reviewed page does not name the issuing insurer for a D&O policy. ⁹Not publicly disclosed. D&O product page as read on 2026-09-23.

Marsh says public company directors and officers typically face more securities-lawsuit exposure from shareholders and regulators, while private and non-profit organizations more often face employment-practices claims from customers, vendors or regulators; directors and officers of all organization types can face cyber-related liability exposure. ⁵Company-reported. Marsh D&O page, common risks FAQ.

TechInsurance targets D&O at companies with an active board, naming employers with employees or stockholders, venture-backed startups (where investor term sheets often require the coverage), and nonprofits (where most states require a board of directors) as examples. ⁹Company-reported. D&O product page, Who needs D&O insurance coverage? section.

Marsh says D&O insurance typically has three coverage sides: Side A protects directors' and officers' personal assets when the organization cannot or will not indemnify them; Side B reimburses the organization for indemnifying directors and officers; Side C offers balance-sheet protection when the entity itself is named, generally limited to securities claims for public companies. ⁵Company-reported. Marsh D&O page FAQ; illustrative policy structure, not a specific policy form.

Marsh says ESG-related stakeholder scrutiny, covering areas such as carbon emissions, renewable-energy use, labor practices, board diversity and executive compensation, can add regulatory, legislative or litigation pressure on directors and officers beyond traditional D&O exposures. ⁵Company-reported. Marsh D&O page, What other risks do directors and officers face? section.

TechInsurance says D&O covers legal costs when directors, board members or officers are sued over employment practices, fund mismanagement, failure to follow corporate bylaws, regulatory non-compliance, or IP infringement or libel tied to their decisions, and structures coverage into Side A (personal protection), Side B (company reimbursement) and Side C (entity coverage, mainly for public-company securities claims). ⁹Company-reported. D&O product page; general policy description, not a specific policy form.

TechInsurance says D&O is a claims-made policy, meaning coverage applies only if the policy is active when a claim is made, and that criminal acts by directors or officers, such as fraud or embezzlement, are excluded. ⁹Company-reported. D&O product page, How does directors and officers insurance work? and exclusions sections.

Not described in the reviewed sources.

TechInsurance says D&O policyholders pay a median of $133 per month, with the exact premium depending on policy limits, deductible, legal jurisdiction, industry risk, headcount, revenue, claims history and IPO potential. ⁹Company-reported. D&O product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.