IF DIRECTORS ARE DOING THEIR JOB, THEY DON'T NEED INSURANCE. (cover story)

The author comments on the requirement of insurance for corporate directors which is not needed once they will perform their work well. He argues that directors do not need it for they have clear guidelines on their fiduciary responsibilities and they have a lot of time for deliberation. He emphasizes that directors should face the insurance issue as an opportunity for them rather than a crisis.