|  |  |  |  | |  | for Private CompaniesMany private company owners believe that they do not need to purchase D&O cover – they simply don’t think the worst will happen to them. However, private companies are being sued every day but unlike big public corporates, these cases don’t often get media attention.
In small private companies lawsuits can have a severe impact on individuals. That’s why it makes sense to protect executives’ personal assets, avoid the danger of spending a great deal of time in legal wrangles and, at the same time, safeguard the viability and reputation of the employing company.
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