Directors and Officers and Trustees Liability Insurance

Directors and Officers Liability Insurance (also known as D&O Insurance) and Trustees Liability Insurance are types of insurance policies that provide financial protection to individuals and organizations against claims made against them for wrongful acts in the course of their professional duties.

Here are some of the key features of Directors and Officers Liability Insurance and Trustees Liability Insurance:

Protection against wrongful act claims: The policies provide coverage for claims made against directors, officers, and trustees for wrongful acts committed in the course of their professional duties.
Coverage for legal defense costs: The policies cover the cost of legal defense in the event of a wrongful act claim, including the cost of hiring attorneys and paying court costs.
Financial protection: The policies provide financial protection for individuals and organizations in the event of a successful wrongful act claim, including payment for compensation and damages.
Customizable coverage: The policies can be customized to meet the specific needs of an individual or organization, including adding coverage for specific types of risks.
Policy limits: Directors and Officers Liability Insurance and Trustees Liability Insurance typically have policy limits that determine the maximum amount the insurer will pay in the event of a claim.

It's important to carefully review the coverage options and policy limits of Directors and Officers Liability Insurance and Trustees Liability Insurance to ensure that the policies meet the needs of your organization. An insurance professional can help you assess your risks and determine the appropriate coverage for your organization. These types of insurance policies are important considerations for individuals and organizations that have responsibility for making decisions on behalf of others, as they can help protect them against financial losses arising from wrongful act claims.

Standard cover

Defence costs for corporate health and safety

Defence costs of health and safety, including corporate manslaughter, are included in our directors and officers liability insurance policies, meaning that should the very worst happen, your costs are covered.

Cover for retired or resigned directors

Directors and officers liability insurance can include up to 6 years' run off cover from the date of retirement/resignation, protecting past directors should a claim arise out of work completed during their employment.

Costs and awards of claims

Defence costs and awards arising from pollution, a failed private offering, administration of a company pension or benefit scheme, or by individual shareholders are covered by directors and officers liability insurance.

Additional policy benefits