Directors & Officers Insurance
Lawsuits are expensive. Protect your company and personal assets with Directors and Officers insurance.
As a director, you are legally responsible for adhering to certain legislation. As part of your role, you’ll need to make tough decisions and actions and this makes it more likely that a claim could be made against you by employees, customers, the public, shareholders and regulators. Without specific insurance to cover your directors and officers, you are leaving both your business and your senior management at risk should a lawsuit be filed. Would your business have the resources to adequately investigate and defend against this? Would any compensation or payout awarded to the claimant be something you could afford? Or would such an occurrence cripple your business and potentially harm the directors involved? Implications of an unsuccessful defence can include disqualification of the director, civil proceedings and criminal prosecution, so it’s vital you get all the help you need should such an event occur.
