Directors and Officers Liability Insurance

Directors and Officers Liability Insurance covers the costs of claims made against directors and key people in your business who have specific duties because of the employment position they hold. This policy is also referred to as D&O insurance. Claims can be made for legal costs and compensation.

D&O insurance protects directors and key managers against claims and actions taken against them for alleged wrongful acts while they perform the specific duties of their employment. These can include:

  • Breach of trust
  • Negligence
  • Wrongful trading
  • Defamation
  • Health and safety¬†
  • Employment practices

It protects the directors and key managers personal assets and covers costs of claim investigation and legal defence. 

The D&O policy covers claims by creditors, shareholders and investors for failure to act in the best interests of the company.


Who is an officer in a company?

It can be anyone who is in management or key roles within the company.

What is not covered by this policy?

The company will not be covered by claims made against the company as a whole rather than individual employees.