Directors & Officers (D&O) Liability

Directors & Officers (D&O) Liability Insurance protects individual directors and officers who are performing corporate duties for a mortgage banking firm against third-party lawsuits that arise from their role. Policies cover legal damages and the costs of legal defense, and are essential to attract and retain high-quality individuals for these positions.

Actions which may be covered by this policy include:

SEC enforcement actions
IPO and private placement representation
Shareholder disputes
Suits brought against employed lawyers
Professional services practices for failure to supervise employees

Directors & Officers Liability from Bankers Insurance Service is designed for mortgage banks and mortgage brokers.

Directors & Officers Liability protects individuals against lawsuits arising from their role as director or officer of a firm for alleged acts of improper establishment of corporate policy, shareholder disputes, and failure to comply with corporate regulations. Lawsuits typically allege mismanagement of a company and often ensue after downsizing or mergers/acquisitions.

For more complete product information, please see our Highlight Sheet .

Bankers Insurance Service’s Directors & Officers Liability policy protects individuals from legal damages and legal defense costs as a corporate director or officer of the mortgage banking firm.

For more complete product information, please see our Highlight Sheet .

Upon request, Bankers Insurance Service’s D&O policies may be extended to cover outside director and officer positions for non-profit organizations. Extensions may also be available for certain for-profit partnership and joint venture operations.

For more complete product information, please see our Highlight Sheet .

Bankers Insurance Service’s experience in mortgage lending and servicing, combined with our strong underwriting relationships, enable us to offer competitively priced, custom-tailored insurance coverage to meet your client's needs, while also satisfying investor requirements.

As the leading provider of mortgage banking insurance in the U.S., our dedicated team is pleased to assist our clients in other important ways:

Offer policy modifications or enhancements to existing policies and programs to meet individual needs
Create new insurance programs and policies to meet the ever-changing needs of the mortgage lending and servicing community
Show you how to satisfy Fannie Mae, Freddie Mac, Ginnie Mae and warehouse lender insurance requirements and answer their questions on your behalf to help you with your business partners
Provide state-required license bonds as an additional service to our mortgage banking clients

Our goal is to ensure our clients have the investor and warehouse lender required coverages, as well as custom coverage to help protect their interests.

Or call 800-323-2743 to speak to a Bankers Insurance Service Specialist.