Directors and Officers Liability
Business Insurance
They cover aspects such as wrongful acts committed as directors or managers of the company. In respect of Directors and Officers Liability Insurance this is typically arranged by the company on behalf of its board. Coverage is provided for:
- The costs of personal legal representation incurred by individual directors and officers in the defence of any civil or criminal proceedings
- Settlements by or judgments, including claimants costs awarded against directors and officers where no indemnity is given by the company
