D&O insurance policy is one of the most popular types of liability insurance policies, essential for many businesses. However, while the policy is important, not every company will have the same coverage requirement. For instance, a large company with annual revenue running into millions and that engages with a greater number of stakeholders will have higher risk exposures as a smaller, relatively new company. The risks are dependent on a wide range of factors, including the size of the business, industry, revenue, type of products it offers, and more. So, the first step in identifying the reasonable level of D&O coverage is risk assessment and evaluation. Based on your risk exposures (and several other factors), determine your ideal coverage requirement. Admittedly, this is easier said than done. If you don't have much experience in quantifying your risks and coming up with an insurance coverage margin that adequately protects your Directors and Officers against legal li