DIRECTORS & OFFICERS LIABILITY
THE CONSEQUENCES OF COLLATERAL DAMAGE
D&O INSURANCE EXPLAINED
Being a company director or officer exposes you to allegations of wrongdoing in the course of your duties.
This policy protects you from claims made against you by a wide range of third parties, from shareholders to customers, regardless of the size of your organization. It allows you to concentrate on running the business rather than worrying about protracted litigation.
What is covered?
Protection for company and natural persons
Defence costs relating to breach of contract claims
Indentity Fraud coverage for the Company when any party other than the employee of the insured Company fraudulently represents the insured Company
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