Directors and Officers Liability Insurance
Being a company director or officer makes you vulnerable to allegations of wrongful acts in the course of doing your job. No matter the size of your organisation, this policy protects you from claims made against you by a host of third parties – from shareholders to customers. It lets you focus on running the company instead of worrying over protracted litigation.
Directors and Officers Liability Insurance covers
– Defence costs, legal representation expenses, damages, judgements, settlements, bail bond costs, crisis costs, deprivation of asset costs, prosecution costs, public relations expenses
– Costs arising from extradition proceedings
– Tax contributions where the parent company has become insolvent and there’s personal liability of an insured
– Losses incurred for civil fines and penalties
