Business leaders make decisions every day that can affect shareholders, employees, investors, clients and regulatory authorities.
Directors and officers may be held personally liable for alleged errors, omissions, mismanagement or breaches of duty, even when acting in good faith.
D&O Insurance is designed to protect company directors, board members and senior executives against claims arising from their management responsibilities.
Directors and officers may be held personally liable for alleged errors, omissions, mismanagement or breaches of duty, even when acting in good faith.
D&O Insurance is designed to protect company directors, board members and senior executives against claims arising from their management responsibilities.
Who Should Consider D&O Insurance?D&O Insurance may be appropriate for:
As businesses grow, management liability exposures often increase. |
Common Management Liability RisksClaims against directors and officers may arise from:
Even when claims are ultimately unfounded, defence costs can be significant. |
What Can D&O Insurance Cover?Depending on policy terms, coverage may include:
Coverage should be structured according to the ownership and governance structure of each business. |
Why is D&O Insurance important?
Directors and officers can be personally exposed to legal actions arising from decisions made on behalf of a company.
D&O Insurance helps provide financial protection and supports effective corporate governance.
D&O Insurance helps provide financial protection and supports effective corporate governance.
