Directors’ and Officers’ Liability Insurance (D&O) provides financial protection for board members, administrators, executive directors, and other senior officers of a company or organisation against claims arising from their actions, decisions, errors, negligence, misstatements, or breaches of managerial duties in the course of performing their roles. Subject to the policy terms, it covers compensation and legal defence costs arising from claims made by shareholders, investors, creditors, employees, regulatory authorities, or other interested parties.
This insurance is particularly suitable for commercial companies, financial institutions, listed companies or those undergoing investment, companies with multiple shareholders, corporate groups, non-profit organisations, and any business whose executives face significant exposure to legal liability and strategic decision-making.
D&O Insurance is considered an important component of corporate governance and risk management, helping protect both executives and the company itself from the financial and reputational consequences of claims related to management activities.
