With regulators and stakeholders increasingly inclined to hold individuals to account when things don’t go to plan, having comprehensive Directors’ and Officers’ cover in place is more important than ever.
Directors’ and Officers’ (D&O) Liability insurance covers directors and officers for financial losses arising from actual or alleged wrongful acts.
While the liability of a company is limited, a director's liability is unlimited, meaning their personal assets are at stake when problems arise. With an increasing trend for regulators and stakeholders to hold directors and officers personally responsible for business failures, D&O insurance has become crucial for attracting and retaining key people.
Our underwriters are very experienced and have full authority to make decisions, so they can work closely with your broker to put together customized coverage that works for your company’s specific circumstances, quickly and effectively.
Forming strong relationships is important to us and we always make time to meet our customers to discuss key risk areas. We feel it is only by getting to know your company from the inside that we can gain a full appreciation of the risk factors involved, as well as gathering the information we need for the underwriting process.
D&O claims can come from a wide range of sources. Our Claims team is used to dealing with a very wide range of claims and takes a pragmatic, flexible approach to resolving them promptly and effectively.