Directors & Officers Liability Insurance:
Being a company director or officer makes you vulnerable to allegations of wrongful acts in the course of doing your job. No matter the size of your organization, this policy protects you from claims made against you by a host of third parties – from shareholders to customers. That way, you can focus on running the company instead of worrying about or dealing with protracted litigation.
Coverage Highlights
- Defense 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
- Losses incurred for civil fines and penalties
Who is the target group?
All types of companies dealing with third parties. This may include Public listed companies, Private companies, SME’s etc.
Underwriting requirement:
- Duly completed Proposal Form
- Audited annual or latest financials