Director & Officer Liability
In this increasingly litigious era, directors and officers are becoming more and more personally liable for their actions in the course of their work. Protect your directors' and officers' personal liabilities and provide financial loss coverage from wrongful acts committed or allegedly committed.
If you are involved in any one of the following positions, you may need to consider if you need a Director & Officer Liability (D&O) Insurance cover:
- Company Director
- C-level Officer (CEO, CFO, COO, CIO, etc)
- Head of Department in a company
- Employee in a supervisory role
- Volunteer in a charitable or religious organisation
- Committee member in a registered society or industry association
A D&O policy generally provides cover for legal fees/costs when defending directors or officers against third party allegations of wrongful acts committed by the director or officer of the company. The wrongful act could be an alleged or actual error or omission committed or attempted by the director or officer.
Speak to our advisers on the types of cover and customised cover that would be best for your company or organisation.