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Directors and Officers Liability insurance is often overlooked by the directors of small private companies.
An increasing number of claims are being made against directors and officers arising from the management of their company. This could include investigations by regulators or claims alleging that you have breached your duties as a director.
Our Directors and Officers insurance enables you to insure the directors and officers of your company against claims of up to $250,000 arising from the management of the company and provides coverage for loss including:
Like all directors and officers policies sold in Australia, a director or officer can only be indemnified to the maximum extent permitted by law (and subject to policy limits). Things that are not covered include fines and penalties, fraudulent, dishonest, criminal or malicious acts. These exclusions are common to this type of insurance.
isure is a Gallagher Company – our latest business updates on COVID-19 can be found at www.ajg.com.au