Directors & Officers Liability is liability insurance providing indemnity to the directors, officers and company managers, and the organisation itself, for legal action brought against them for alleged wrongful acts in their respective capacities.

Directors and Officers Liability also protects the personal assets of a company’s directors and officers, as well as that of the company itself.

Directors and Officers Liability for Directors Managers Officers and the company

The cover also provides reimbursement to the company when indemnifying its directors and officers.The indemnification can be in the form of damages or advancement of defence costs. Action against them can come from varying sources including but not limited to employees, vendors, competitors, investors, customers and other parties.