D&O liability insurance is designed to protect a company’s board of directors and executive officers from personal financial losses if they are sued for alleged wrongful acts while managing the company. This coverage also extends to the legal fees and other expenses the organization might face during such lawsuits.
Janover Insurance Group, the insurtech arm of Janover Inc., is expanding its suite of services to include this crucial protection, ensuring that corporate leaders can operate with confidence and security in the increasingly litigious business environment.
Blake Janover, CEO of Janover, stated, “We are excited to offer D&O insurance on our platform, building on our successful track record in solving difficult problems in complex markets. We believe we can leverage our expertise in building marketplaces and solving similar problem sets and apply it to D&O; a corner of the industry that is sorely underserved and perhaps more than occasionally overpriced.”
The introduction of D&O liability insurance marks a significant expansion of Janover Insurance’s service offerings. This move aligns with Janover Insurance’s strategic vision of becoming a one-stop-shop for all commercial real estate and business insurance needs. By broadening our portfolio, Janover Insurance aims to attract a wider range of clients and enhance the Company’s market position.
Janover added, “As we continue to grow and diversify our services, our primary goal remains to delight our clients with world class products they need, while transitioning to recurring and subscription revenues. The launch of our D&O liability insurance offering through our agency is a testament to our dedication to meeting the evolving needs of the market and providing unmatched value to our clients.”
