Do professional organizations need D&O insurance if the board is made up entirely of volunteers?

Yes. Volunteer status does not eliminate personal or organizational risk.

Directors and Officers insurance can help protect board members, officers, and the organization from claims involving governance decisions, financial oversight, elections, conflicts of interest, bylaws, or alleged mismanagement.

By Heather

Heather focuses on small business insurance at Gild Insurance Agency, writing clear, practical guidance that helps business owners understand coverage, manage risk, and protect their businesses.