About the Service
Directors and officers liability (D&O) insurance is a corporate risk management solution and an important element of protection for executives. It protects senior executives and company directors against the financial consequences of errors made in the course of their professional duties.
Purpose of Cover
- Protection of directors’ personal interests
- Protection of the company and its shareholders against the consequences of directors’ actions
- For companies that issue securities – company’s protection against securities claims
Insured Events
- A claim made against a director
Scope of Indemnity
- Legal defense costs incurred by the director
- Damages arising from the director’s actions
