Directors & Officers
If you hold an executive or non-executive position, it’s important you identify and manage the risks surrounding you.
In today’s culture of culpability and litigation, interested parties such as shareholders, employees, creditors, customers and suppliers will not hesitate to sue if they think mistakes have been made and they have been adversely affected.
If a claim is made against the senior management of your business, they could face hefty investigation and defence charges, along with compensation costs.
The purpose of Directors and Officers’ Liability insurance is to protect your management financially in the event of claim, so they can continue to make those tough decisions with the peace of mind that they’re covered.