Directors & Officers Liability Insurance

Shields directors and officers from personal financial loss due to legal actions taken against them for alleged wrongful acts in their managerial roles

Includes Side A cover, protects individual executives when the company cannot indemnify them & Side B cover, reimburses the company when it does indemnify them

Protects the organization itself against securities claims, including lawsuits brought by shareholders for alleged wrongful acts

Covers personal liabilities of directors and officers arising from wrongful acts committed in their official capacity

Compensates the company for legal expenses it incurs while indemnifying its directors and officers against alleged wrongful acts committed in their official capacity

Provides financial protection for claims made against the company related to securities

Coverage for expenses incurred by insured for legal representation during inquiries or investigations

Covers costs related to managing public relations crises, helping to mitigate reputational damage following a claim or adverse event

Pays for legal and associated expenses incurred when opposing, challenging, resisting, or defending against extradition proceedings

Provides coverage for defence costs associated with claims alleging pollution-related wrongful acts by the insured

Allows immediate advancement of defence costs and legal expenses in urgent situations

Covers defence costs arising from claims related to alleged breaches of workplace health and safety laws or regulations

Extends coverage to former directors and officers for claims made after their retirement, ensuring protection for past actions during their tenure

Covers costs for professional counselling services for insured individuals following a claim, helping them cope with stress and reputational impact

Please read policy wordings for detailed inclusions

Excludes coverage for claims arising from intentional fraudulent acts, criminal activities, or wilful violations committed by an insured

Excludes claims related to incidents known or reported before the policy's inception or outside its coverage period

Excludes claims initiated by the company or any insured against another insured within the United States jurisdiction

Excludes claims arising from violations of the Employee Retirement Income Security Act (ERISA) or similar laws governing employee benefit plans

Excludes claims for bodily injury, sickness, disease, death, or damage to tangible property, including loss of use

Excludes claims arising from the company's or an insured's performance or failure to perform professional services for third parties

Excludes claims related to the dispersal, discharge, release, or escape of pollutants into the environment, whether intentional or accidental

Excludes claims made against an insured for wrongful acts committed in an outside organization

Excludes claims involving violations of regulations set forth by the Securities and Exchange Commission (SEC) or equivalent authorities

Excludes claims arising from any actual or alleged contractual liability or breach of contract unless the insured would have been liable in the absence of such contract

Excludes claims related to disputes over pricing, including allegations of price fixing, price discrimination, or unfair trade practices

Please read policy wording for detailed exclusions

Pays an agreed amount for any loss resulting from a claim against, or an inquiry compelling attendance by, each non-executive director, either directly to them or on their behalf

Pays an agreed amount for any claim made by a holder of the company's securities, either directly or derivatively, without the solicitation, voluntary assistance, participation, or assistance of any insured

Pays an agreed amount for any new subsidiary acquired or created by the company during the policy period, with coverage effective from the date of acquisition or creation, unless at the time of such acquisition or creation

Pays an agreed amount for any securities issued or proposed for sale or allocation by the company during the policy period, provided the amount does not exceed the specified limit

Explore a variety of add-ons for expanded coverage