Directors and Officers Liability

Director’s or officer’s personal assets are at risk. While the liability of a company is limited, a director’s is unlimited. Directors’ & Officers’ Liability Insurance (D&O) is now a prerequisite for attracting and retaining key people as they operate in an increasingly complex environment with expectations of stakeholders higher than ever before.

The D&O policy covers:

  • All the directors & officers of the company & its subsidiaries
  • financial loss arising out of actual or alleged wrongful acts
  • Defence costs & expenses
  • Investigation costs
  • Extradition costs
  • Positions held on the board of associated companies

Additional cover includes:

  • Separate limits of indemnity available for non-executive directors
  • Share offerings made during the policy period
  • Automatic cover for companies acquired during the policy period
  • Spouses of directors & officers
  • Run-off cover available in the event of a takeover or insolvency

In addition to our standard D&O policy, we have tailored policies for the private equity companies combining D&O with E&O protection, as well as a D&O policy for investment trusts and hedge funds.

Key Contact

Suresh Ellawala

Suresh Ellawala
Underwriter

Tel: 020 7105 5395
E-mail: suresh.ellawala@uk.qbe.com

Directors and Officers Liability
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