Directors & Officers

Directors and Officers Liability Insurance policies can provide protection against an increasing and extensive range of potential claims that may be brought against individuals. The cover may also include Company Reimbursement Liability which provides an employing company with rights to recover any legal and related costs with expenses incurred to reimburse directors and officers in defending an action against them as individuals.

This cover is becoming ever more necessary for firms to attract and retain quality senior staff as, without it, the directors and officers (and, in some instances, their spouses) can be made personally liable for any financial award made against them.

A Directors and Officers Liability policy can be extended to include Employment Practices Liability cover and Entity cover to give added protection to both the management and the corporate entity.

 

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