Directors & Officers Liability (D&O)

The role of the director is becoming increasingly demanding and dangerous in today’s corporate environment. Answering to company's shareholders, financial regulators and government bodies, a director faces potential legal liabilities in all sides. Also, more stringent corporate governance guidelines and increasingly complex legislation, leads to shareholders class actions and individual claims.

The D&O cover can offer protection against the following:

  • Official investigation by governments and regulators,
  • Damages awarded by court,
  • Civil sanctions (fines and penalties),
  • Claims made by dissatisfied employees,
  • Claims made against the directors by the company itself,
  • Claims made against the directors of subsidiary companies,
  • Claims made against outside board positions held on the insured company’s behalf.