D & O Insurance

The Directors and Officers of any company are in a position of responsibility. Managers, directors and supervisors can face allegations and claims for which they may be personally liable; even in a company with limited liability status, personal liability is unlimited. Directors and officers are under increasing scrutiny and it is commonplace for allegations of wrongful acts to be made. Directors and Officers (D&O) insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties. Any allegations of wrongdoing need to be investigated and defended and this can cost a significant amount even if the case doesn’t reach court. This means directors and officers personal finances are at risk, so its essential companies provide protection through D&O liability insurance. Coverage will include but is not limited to: –

• Legal liability for insured persons arising from wrongful acts
• Wide definition of insured persons and wrongful acts
• Reimbursement cover for the company
• Legal defense costs, expenses and civil damages
• Investigation costs and expenses
• Criminal defense costs and expenses
• Cover is available as a standalone policy or combined with other insurance covers we offer.