Directors & Officers Liability Insurance
• Whole of the market cover.
• Comprehensive insurance advice.
• Fully trained & experienced advisers.
Directors & Officers Liability Insurance from Wood & Ker
Directors and Officers Liability Insurance (often called D&O) is liability insurance payable to the directors and officers of a company, or to the organisation(s) itself, as indemnifications for certain damages (losses) or advancement of defence costs in the event any such insured suffers such a loss as a result of a legal action (whether criminal, civil, or administrative) brought for alleged wrongful acts in their capacity as directors and officers (as to the individual directors/officers) or against the organisation(s) (either for securities claims or – if private – other actions against the organisations themselves). Such coverage can extend to defence costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. It has become closely associated with broader management liability insurance, which covers liabilities of the corporation as well as the personal liabilities for the directors and officers of the corporation.
Whole of the market insurance cover for your business.