Protect your leadership team with directors and officers liability insurance.
Across industries, D&O insurance helps safeguard your highest-ranking decision makers so they can focus on leading your business forward.
What Is Directors and Officers Liability Insurance?
Coverage can vary based on the coverage you choose, but Directors and Officers insurance typically includes:
Legal Defence Costs
Helps cover legal fees, court costs, and settlements—even for allegations that are not proven.
Employment-Related Claims
Protection against claims such as wrongful dismissal, discrimination, or harassment allegations.
Customization
Policies can be tailored to your organization’s structure and risk exposure. We’re happy to offer expert advice so you secure the right coverage for common D&O liability claims in your industry.
Management Liability Protection
Coverage for claims of alleged wrongful acts while managing or directing an organization.
Regulatory and Compliance Claims
Coverage related to investigations or actions by regulatory bodies (where insurable).
Side A, B, and C Coverage
Side A: Protects individual directors and officers when the company cannot indemnify them.
Side B: Reimburses the company when it indemnifies its directors and officers.
Side C: Covers the organization itself for certain claims.
Get a quote in no time.
Applying for coverage is faster than most management meetings. Fill out the form, and we’ll get back to you within two business days with custom policy advice and details.
Protect Your Leadership with Confidence
Your leadership team makes the decisions that drive your business forward. Directors & Officers Liability Insurance helps protect those decisions and the people behind them.
Why D&O Insurance Matters for Ontario Businesses
In today’s business environment, leaders face increasing scrutiny and legal exposure. In Ontario, companies of all sizes—including private businesses and nonprofits—can face lawsuits related to governance, employment practices, or financial decisions.
You may need D&O insurance if you:
Have a board of directors or advisors
Employ staff or contractors
Accept outside investment or funding
Make strategic, financial, or operational decisions
Without coverage, directors and officers may be personally responsible for legal costs, settlements, or damages.
Who Needs Directors & Officers Insurance?
D&O insurance is essential for many Ontario organizations, including:
Small and mid-sized businesses
Startups and venture-backed companies
Nonprofits and charities
Private companies with boards or investors
Professional firms and partnerships
If your business has leadership making decisions that impact stakeholders, D&O insurance is worth considering.
Why purchase D&O insurance with aha?
As a commercial insurance broker, we find you business insurance coverage that works as hard as you do, tailored to protect what matters most.
Small‑business friendly policies
We offer directors and officers liability coverage that fits the unique needs and budgets of a range of small to medium-sized businesses.
Clear, straightforward advice
We make D&O coverage simple, without sacrificing quality, so you can focus on managing your team and serving clients, not claims.
Ontario‑focused expertise
Our D&O coverage is designed for local regulations and risk, so your Ontario-based business insurance is optimized for your needs.
Directors & Officers Insurance FAQs
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D&O insurance is not legally required, but it is strongly recommended—especially for businesses with boards, investors, or employees.
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Yes. One of the main benefits of D&O insurance is protecting directors and officers from personal financial loss related to covered claims.
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No. Small businesses, startups, and nonprofits in Ontario face similar risks and can benefit just as much from coverage.
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Some employment-related claims may be covered, but broader protection often requires Employment Practices Liability (EPLI), which can be included or added.
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Coverage limits depend on your organization’s size, industry, and exposure to risk. Many Ontario businesses start with between $1M and $5M in coverage.