Directors & Officers Liability

Directors & Officers Liability Insurance

Shielding Leadership in a Litigious Landscape

Directors’ and Officers’ (D&O) Liability insurance covers directors and officers for financial losses arising from actual or alleged wrongful acts. It includes cover for defence costs and expenses, investigation costs and extradition costs.

Public, private, and non-profit companies face complex exposures, which can make their directors and officers targets of litigation. These claims accusing directors and officers can come from many sources, including shareholders, customers, suppliers, regulators, and creditors.

Why is D&O Liability Insurance more necessary nowadays?

As the trend grows for regulators and stakeholders to hold individuals accountable for issues, personal assets of directors and officers are at risk. And while the liability of a company is limited, a director's liability is unlimited. That’s why D&O coverage is crucial in today’s business landscape for attracting and retaining key individuals

What does the D&O Liability Insurance Cover?

The policy offers cover against civil and criminal actions to the Directors and Officers from:

If your business works with vendors or government entities, or has employees or customers, you may have exposure that could make your organization and its executives vulnerable to costly legal action, hence its imperative to have D&O liability insurance with Honor.