Being a company director or officer makes you vulnerable to allegations of wrongful acts when doing your job. Directors and Officers (D&O) Liability Insurance is insurance coverage intended to protect individuals from personal losses if you are sued as a result of serving as a director or an officer of a business or other type of organization. It can also help reimburse a business or nonprofit for the legal fees or other costs incurred in defending such individuals against lawsuits. A “wrongful act” can include mistakes or suspected mistakes, negligence, breach of statutory duty, abuse of power, false or misleading statements, defamation, and violations of labor practices, among other violations.
With our coverage, you can focus on running your company instead of worrying about or dealing with prolonged litigation with a host of third parties, from shareholders to customers. D&O Insurance applies to anyone who serves as a director or an officer of a for-profit business or nonprofit organization of any size.
Investigation Cost Coverage
Investigations are not cheap. D&O Insurance covers this cost depending on the insurance plan you choose.
Protect Your Financial Sustainability
Workforce Actions Coverage
Covers risks caused by workforce actions that are not in compliance with workplace laws.
Fines and Civil Sanction Coverage
D&O Insurance can cover costs related to fines and civil sanctions caused by wrongful acts.
Director & Officer Liability Insurance pays on behalf of the insured / company for the following costs:
Additional guarantee:
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