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WebFeb 22, 2024 · While having directors and officers (D&O) insurance will assist with running a staffing agency, you might need to add fiduciary liability to your staffing insurance coverage. D&O insurance generally doesn’t cover what fiduciary liability does. But what exactly is fiduciary liability insurance? WebDirectors and officers insurance (D&O) protects directors, officers, board members, employees, volunteers, and the entity from claims arising from errors, breached duties, or mismanagement in their responsibilities and decision making. Securing this coverage helps small businesses attract and retrain top talent since they know they're protected. WebSep 7, 2024 · The directors and officers policy, which usually protects the company as well, will cover the legal fees, settlements, and all other related costs that stem from allegations of breach of fiduciary duty, misrepresentation, or errors & omissions brought against your company’s board of directors or officers. should diabetics be on aspirin