Do registered companies carry legal insurance?

[Amilcar]

It transpires that I am to sue a registered company (not the principal, himself, as previously intended). It is a registered company (French).The defendant has been steering me towards suing the company. So I am wondering what advantages there are for him apart from, presumably, limiting his own liability. Does anyone know whether registered companies are generally covered by insurance that would tend to pay up if sued, please? If so, I imagine insurer would seek the cheapest option where the Claim is well-grounded, ie settlement out of court.... (I'm posting Q on the LAW section, too, in case there is advice to be had over there). Thanks.