Directors and Officers Liability

Directors and Officers insurance Liability cover is the breech of a fiduciary duty by a director or officer of the business.
Many officers and board of directors might receive financially crippling lawsuits; they are exposed to increased risks because of their varied fields of talent.

They can be held responsible for different issues, including:

• Health and safety
• Data Protection
• Maintaining satisfactory accounts
• Fraud
• Negligence

Directors and Officers liability insurance (D&O) ensures the directors, officers and the company are protected against such damages. If the director or officer accidentally acted outside the terms of reference, compensation and legal fees will be covered by the D&O insurance. On the other hand, if the act was deliberate then it might not be covered.