Director & Officer Liability Insurance Services

Protects the key people in an organisation such as directors, officers and employees against claims made by various parties such as shareholders, investors, employees etc., for alleged wrongful acts of the company’s directors or officers.

It covers legal costs as well as compensation for any loss or damage caused to third parties. Generally, directors and officers of all types of companies such as listed companies and private limited companies are covered under this insurance.  It, however, does not cover criminal acts by the directors or officers of the organisation.

Standard Exclusions:

• Fines, penalties and multiple damages
• Bodily injury or property damage claims, absolute professional Indemnity claims, insolvency
• Intentional wrongful acts/fraud/criminal wrongful act