By Janardhan N 
A recent breach of 16 billion login credentials underscores the importance of cybersecurity and the need for robust insurance to protect against such attacks.
It is alarming how the personal liability exposure of directors and key decision-makers is at risk.
Apple, Facebook, Google, WordPress, and 30 other databases were used to expose personal information for phishing attacks, identity theft, account misuse, and more.
Today, cyber threats are becoming increasingly complex, threatening $10.5 trillion to the global economy. Balbix quoted, “If you can’t afford security, you can’t afford a breach.”
How much can a data breach cost you?
Considering this, a cost-effective Directors and Officers (D&O) Liability Cyber Insurance has surely become essential.
But which providers truly offer the right coverage? Which ones go beyond paperwork to support executives in real cyber events or board-level disputes? To simplify this, we have compiled a list of the top D&O Insurance Providers for all industry sectors and sizes.
Look at our top recommendation — [Mitigata] and save time! Get full cyberattack coverage, quick response time, round-the-clock assistance, and executive-level risk advisory.
Which Business Stage is Right to Choose a D&O Insurance?
D&O insurance is crucial in today’s complicated business environment to protect against risks such as financial deception, shareholder activism, regulatory scrutiny, and volatile market conditions.
Directors and officers bear increased personal liability as a result of globalisation, mergers and acquisitions, and securities offerings.
Securing D&O coverage at any point can help businesses, whether they are–
- Early-stage startups seeking funding
- scaling organisations, navigating growth and compliance
- mature corporations involved in global operations, protecting leadership, and maintaining long-term resilience
Concerning the rise of cyber attacks in India: What can business owners do to protect their databases?
2025’s Top D&O Insurance Providers Priority wise
1. Mitigata
If you are a high-growth business or tech-first company, Mitigata’s D&O insurance should be your top priority. Understanding the complexities of corporate governance, Mitigata secures against legal liabilities and sensitive data loss.
Primary Features:
- Dedicated Crisis Management and Legal Advisory Team
- Real-time alerts for incidents impacting executives
- Full integration with Cyber Risk Assessment and Brand Monitoring tools
- Customizable policies for C-Suite, Board of Directors, Founders, and Advisors
- D & O Liability Insurance with built-in cyber breach cover
With an active client base in 15+ countries, Mitigata is known for its global reach. Become a part of an expanded serviceable reach across APAC, MENA, and EU.
Added offerings:
- Public Relations Management (reputation protection post-incident)
- VC-Backed Startup Protection rider
- Insider risk tracking via the Mitigata Console
- Executive wellness & phishing simulation bundles
Expertise in:
- 24/7 breach support for board-level reputational risks
- Seamless onboarding for both SMEs and large corporations
- Specializing in tech, fintech, healthcare, and D2C startups
- Offering consulting + insurance
- Making risk mitigation part of the package
Why Mitigata?
If you’re looking for a provider that understands both cyber and management threats, Mitigata is your answer.
We don’t just sell a policy; we help you avoid needing it with top-notch risk assessment. Ideal for modern, digital-first businesses that want more than just paper protection.
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Interaction with Cybersecurity experts
Let the Mitigata team answer all your queries to embark on a risk-free digital experience.
2. AIG (American International Group)
As a Publicly Listed MNC, going for AIG can be another good option for you. AIG is considered ideal for complex corporate structures covering private and non-profit organizations, D&O Liability.
Primary Features:
- Broad D&O coverage for multinational operations
- Specific protection for Securities Class Action lawsuits
- Covers directors against investor claims, employee actions, and regulatory probes
- Worldwide coverage with localized legal support
Global presence across 80+ countries, notably in North America, Europe, and Australia.
Added offerings:
- M & A Runoff Cover
- FCPA & Bribery Risk Cover
- Investigation Costs Add-on
- Expanded Side A protection with additional limits, broader coverage, and fallback when indemnification fails.
Expertise in:
- Tailored for PE-backed firms, conglomerates, and high-risk zones
- Long-standing experience in executive insurance
Are Mitigata’s D&O Insurance and PII the same? Learn the difference now!
3. Chubb
If you are a Publicly Listed MNC, then Chubb is another effective way to secure your database. Trusted by Fortune 500 companies, Chubb is the best fit for established companies with global exposure.
Primary Features:
- D&O coverage bundled with Crime and Fiduciary Liability
- Cyber liability for executives handling sensitive digital operations
- Automatic coverage for new directors and subsidiaries
Chubb leaves a strong footprint in North America and across 40+ countries globally.
Added offerings:
- Employment Practices Liability (EPL)
- Kidnap and Ransom (K &R) add-on
- Entity coverage for lawsuits tied to corporate governance
Expertise in:
- Strong financial backing and reinsurance capacity
- Custom pricing for MNCs with layered coverage
4. Zurich
Zurich is a worldwide recognised insurer known for its financial strength, global reach, and customised insurance products. Their D&O insurance covers the evolving risks that business leaders face in today’s complex regulatory and corporate structure.
Primary Features:
- Broad definition of security and privacy events
- Cover for pre-claim events and internal investigations
- Explicit mitigation cost coverage
- Protection for Insured Persons through specific extensions
Zurich is proclaimed in America and Europe, comprising a customer base of 75M+ globally.
Added offerings:
- Affirmative cover for environmental claims
- IT security consultant coverage for data protection policy review
- Defined claim protocols with clarity in reporting and handling
- Company extension for internal incident response planning
Expertise in:
- Risk engineering and alternative risk structuring
- Award-winning claims and pre-claims advisory services
- Global program capabilities with seamless execution
- Industry-specific underwriting backed by AA-rated financial stability
5. Allianz
Allianz operates in more than 200 countries and territories, either through its teams or through the Allianz Group’s network and partners. It is an excellent choice for conventional and family businesses looking to maintain their long-term reputations and avoid legal impacts.
Primary Features:
- Highly detailed D &O liability protections
- Large loss support and governance training
Let’s talk about numbers–
In 2023, Allianz Commercial’s integrated business generated approximately €18B in gross premiums internationally.
Added offerings:
- Run-off coverage post-mergers
- Board Training & Risk Prevention Suite
Expertise in:
- Global client handling
- Highly analytical underwriting
6. HDI Global
HDI provides D&O insurance products designed to safeguard business leaders in organisations of every size, from SMEs to global businesses. Enables your executives to make confident decisions, backed by HDI’s quick support and flexible coverage.
If you wish to get a top D&O insurance provider in Germany, HDI can be an alternative for you.
Primary Features:
- Get Side A, B, and C coverage
- Fast and flexible underwriting approach
- Protection for stock market flotation-related liabilities
- Global reach with local compliance alignment
HDI’s international insurance programmes have provided global insurance coverage with the ability to issue local policies in over 60+ countries for the past 30 years.
Added offerings:
- Cover for additional liability risks
- International insurance programs tailored to local regulations
- Steady capacity and reliable claims support
- Professional assistance throughout the claims process
Expertise in:
- Navigating complex compliance across foreign markets
- Safeguarding executive decision-making
- Delivering consistent coverage through global experience
Curious to know How Hackers Ruin Your business & Corporate Reputation?
7. Coalition
The Coalition protects executives and board members of commercial firms and non-profits from personal responsibility arising from corporate decisions.
Coalition’s D&O insurance, designed for organisations with up to $250 million in revenue, helps limit risks associated with lawsuits, financial mismanagement, and regulatory scrutiny for US-based startups and tech giants.
Primary Features:
- Protection against executive liability claims
- Coverage for financial mismanagement, breach of duty, and criminal allegations
- Active Risk Platform delivers quotes in minutes
Let’s talk about numbers–
More than 36% of organisations with D&O coverage had a claim in the previous 24 months, with an average D&O claim of $120,000.
Added offerings:
- Executive Risks Assessment to identify exposures
- Mid-term notifications and compliance tools
- Accredited training for business leaders
- Broker-focused tools for faster delivery and added value
Expertise in:
- Streamlining coverage with Active Insurance tech
- Empowering brokers with strategic insights
- Delivering fast, data-driven underwriting decisions
8. TATA AIG
Meet the pioneering D&O insurance in India!
Discover other top cybersecurity companies of 2025 in India here!
TATA AIG’s unrivalled claims handling blends international power with strong local understanding to defend corporate leadership across different business landscapes.
Primary Features:
- Defence cost advancement and the right to defend
- Comprehensive coverage including retired directors and outside directorships
- Employment Practices Liability (EPL) and regulatory crisis response cover
- Coverage for heirs, estates, and legal representatives
- Preferred underwriter for corporate liability coverage
Tata AIG, with expertise in more than 160 jurisdictions, provides 360 Protector facilities.
Added offerings:
- Pollution claims and shareholder defence cost cover
- Emergency and kidnap response costs
- Reputation damage and asset protection cover
- Self-service options for claims, policy updates, and document access
Expertise in:
- Liability insurance for Indian corporates and global exposures
- Custom policies for companies with or without U.S./Canada securities exposure
- Strong local support with a worldwide insurance network
- Trusted claims handling and risk response across jurisdictions
9. Bajaj Allianz
Bajaj Allianz’s D&O insurance is intended to safeguard company leaders from personal financial loss as a result of their managerial actions. It protects both individual executives and the organisation from a wide range of corporate governance problems.
Let’s discover more about its robust coverage and substantial legal support.
Primary Features:
- Personal asset protection for directors and officers
- Protection against securities claims and shareholder lawsuits
- Legal representation cost coverage during inquiries or investigations
D&O insurance is growing rapidly, with some sources reporting a 35% increase in recent months, and now is a perfect time to invest in a Bajaj Allianz policy.
Added offerings:
- Public relations and extradition costs
- Pollution defence and occupational health claims coverage
- Emergency defence cost advancement
- Coverage for retired directors and counselling services
Expertise in:
- Protecting leadership across complex legal landscapes
- Managing reputational risk through PR and counselling support
- Covering emerging risks like environmental and health & safety liabilities
- Supporting evolving businesses with automatic subsidiary and new securities coverage
How SaaS companies are now dependent on Cybersecurity insurance?
10. Beazley
Beazley D&O Insurance provides specialised protection to both private and public companies. It is intended to address the changing obligations and dangers faced by directors, officers, and corporate organisations.
Beazley has been protecting corporate leaders, employees, and company assets for over 30 years, with customisable features and powerful legal defence support.
Primary Features:
- Choice between “duty to defend” or “pay on behalf”
- 100% defence cost coverage for covered losses
- Dedicated Excess Side A limit for insured individuals
- Flexibility in counsel selection with pre-approved options
In 2024, Beazley witnessed a 10% increase in gross written premiums, reaching $6,164.1 M, while net premiums increased by 9.7% to $5,152.3 M.
Added offerings:
- Employed lawyers’ errors & omissions extension
- Private placement liability coverage
- Bespoke executive risk coverage via Practice Protect
- Coverage limit up to US$20 million
Expertise in:
- Structuring D&O solutions for both private and public companies
- Supporting corporate governance compliance in the U.S.
- Delivering customized risk protection for legal professionals
- Offering flexible policy structures across admitted and surplus lines
Your Cheat Sheet for Best Decision Making
DOMAIN | RECOMMENDED PROVIDER |
Tech Startup with Cyber Exposure | Mitigata |
Publicly Listed MNC | Chubb / AIG |
Indian Mid-sized Company | Tata AIG / Bajaj Allianz |
Multinational Logistics | Zurich |
Cybersecurity-Heavy Ops | Beazley / Coalition |
Ready to Secure your Reputation and Data?
This reminds us of another quote of Balbix, “Security isn’t something you buy, it’s something you do, and it takes talented people to do it right.” Mitigata offers a team of absolutely talented people to secure your business.
Get tailored D&O Cyber Insurance designed for advanced digital enterprises, covering founders to board members.
Get Tailored D&O Cyber Insurance
Designed for advanced digital enterprises, covering founders to board members.
FAQ’s on Top 10 D & O Insurance Providers
Q1. Who are the top 10 D&O cyber insurance providers in 2025?
The leading D &O cyber insurance providers in 2025 include: Mitigata, Chubb, AIG, Hiscox, Travelers, AXA XL, Zurich, Beazley, Liberty Mutual, HDFC ERGO (India) & Tata AIG (India).
Each insurance policy offers unique cyber and executive liability bundles tailored to C-level risk profiles.
Q2. Which company offers the best D&O cyber insurance for startups and SMEs?
Mitigata is an ideal cyberinsurance solution for startups and SMEs. They offer scalable cyber and D&O bundles with affordable premiums. Also, get breach response services and tailored protection covered for companies in every sector.
Q3. Which D&O cyber insurance company is best for large enterprises?
Mitigata and AIG are preferred by large enterprises due to their global underwriting capabilities. Their policies include higher limits along with extensive cyber breach mitigation and response services.
Q4. Is D&O cyber insurance available in India?
Yes, top Indian insurers like Mitigata, HDFC ERGO, and Tata AIG offer D&O insurance. As an Indian business owner, now you can meet both regulatory and board-level requirements. These policies are often bundled under corporate liability packages.
Q5. What does a typical D&O cyber insurance policy cover?
A typical policy covers– Data breach liabilities, Legal costs from executive decisions, regulatory investigations, reputational harm, shareholder lawsuits, and much more.
Q6. Which insurer offers the fastest claims process for D&O insurance?
Mitigata is known for its swift claims settlement, breach notification support, and a dedicated cyber incident response team that reduces downtime and executive exposure.
Q7. Can I customize D&O cyber insurance based on industry?
Yes, most providers like Mitigata, AXA XL, and Liberty Mutual offer industry-specific add-ons for sectors like fintech, healthcare, and IT, ensuring tailored executive risk coverage.
Q8. How do I choose the right D&O cyber insurance provider?
Compare providers based on: Coverage limits and exclusions, cyber incident response support, board-level liability protection, regulatory compliance add-ons, and Industry expertise. Although, at the end it’s on you to choose your preferences based on the priorities for your business.
Varsha Nair