What is Directors and Officers Insurance?

 

The directors and officers of a company are generally under constant pressure to meet the demand and expectations of all business stakeholders including clients and employees. Even with the best intentions mistakes do occur and as the company director you may be left to explain or defend themselves against allegations of misconduct or wrongful acts for which they are personally liable for.

 

Do I need Directors & Officers Insurance?

 

It is strongly suggested that you consider D&O insurance;

  • If you are a Director or Officer of a business or corporation.
  • If in your position, you may be exposed to claims brought against you by Competitors
  • If you are a shareholder of the company

 

What is covered?

 

  • Legal representation costs where the director or officer are required by law to attend investigations
  • Legal expenses for the defence & investigation of a claim brought against a director and/or officer
  • Any compensation required to be paid by the Insured to dispose of a Directors and Officers claim

 

For more information or to arrange a quote, please contact our team today.

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