DIRECTORS &
OFFICERS LIABILITY
Why
Why do you need this cover?
Companies today have to operate within a growing array of complex laws, rules and regulations, which increase the possibility of loss and consequent litigation. Nearly every industry can be affected by lawsuits against the company, management and employees.
Directors and officers face personal liability if the company experiences loss or damage due to their conduct not meeting the required standards.
It would be great if you could predict when something might trigger legal action or a claim for compensation against you. But you can’t, so it’s a good idea to have insurance no matter what type of business you’re in. It’s better to know you’re protected against any legal costs, fines or compensation claims made against you than to face the financial burden yourself.
What
What does it cover?
D&O Liability protects you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach of duty, negligence, defamation or even pollution, our insurance will cover you against the costs of defending or settling legal or criminal actions.
WhO
Who should buy this cover?
If you are a director or officer of a company, you will have extra responsibilities to your employees, members of the public, investors and regulators. That can be valuable, but it also means you could be more exposed to a range of risks if things go wrong and your personal assets could be at risk.