Directors' & Officers' (D&O) Liability Insurance
Protect your directors' personal assets from claims over management decisions.
Directors can be held personally liable for decisions they take for the company, with claims from shareholders, lenders, employees, regulators or customers. D&O insurance pays defence costs and compensation, protecting the personal assets of your directors and officers, and helping you attract good board members.
Who needs it
- Listed and unlisted companies
- Start-ups with investors on the board
- NGOs, trusts and cooperative societies with boards
What's covered
Directors and officers personally
Claims alleging breach of duty, negligence or misstatement.
Company reimbursement
When the company pays the directors' costs on their behalf.
Defence and investigation costs
Including regulatory investigations, as per policy.
Entity securities cover
For listed companies, securities claims against the company, where included.
What's not covered
We show you the catch before you buy. Common exclusions (exact terms vary by insurer and plan):
- Proven fraud or dishonesty
- Illegal personal profit or advantage
- Bodily injury and property damage
- Claims known before the policy started; fines that are not insurable
Popular add-ons
Outside directorships
Cover for your directors serving on other boards.
Documents checklist
To get a quote or buy
- Latest annual report and financial statements
- List of directors and shareholding
- Any pending claims or investigations
- Completed proposal form
To make a claim
- Notice of claim, legal notice or regulator's letter
- Board resolutions and relevant documents
- Legal counsel's assessment
- Correspondence with the claimant
Frequently asked questions
Does a private company need D&O?
Yes. Lenders, investors, employees, customers and regulators can all bring claims against directors of private companies.
What does "claims-made" mean?
The policy covers claims made while it is active, for acts after the retroactive date. Keep it renewed without gaps.
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