Management errors
Claims alleging wrongful decisions, omissions or unintentional breaches of duty.
CONTACT: 0040726715491
SPECIALIST B2B COVER
Statutory directors, board members and senior executives can be held personally liable for management decisions. A tailored Directors and Officers policy addresses the financial risks arising from their corporate responsibilities.
PROTECTION TAILORED TO YOUR PROFESSION
Complex business decisions, operational restructurings, financial transactions and contractual commitments may expose senior management to personal liability. Directors and Officers liability insurance can respond when shareholders, creditors, employees or regulators bring claims against directors for alleged management errors, breaches of fiduciary duty or decisions considered detrimental. Without suitable D&O insurance, decision-makers may have to rely on their personal assets to meet the cost of investigations, commercial proceedings and damages awarded by a court.
Claims alleging wrongful decisions, omissions or unintentional breaches of duty.
Claims brought by shareholders, creditors, employees or regulators, subject to the policy terms.
Legal and representation costs required to manage a covered claim or investigation.
The precise scope of cover, limits, sublimits and exclusions is governed by the policy wording and the insurer’s quotation.
WHO THE POLICY IS FOR
The policy can protect individuals responsible for company administration, executive management and corporate decision-making.
STRUCTURING THE POLICY
Tailoring Directors and Officers liability insurance starts with the ownership structure, financial history and industry-specific exposure of the company. The personal decision-making liability of individual managers must be distinguished from the general civil liability of the legal entity, as they address different risks. An appropriate D&O structure may include emergency legal representation costs, crisis-management support, full retroactive cover for previous mandates and an extended reporting period for directors who leave office, all subject to the agreed policy wording.
A CLEAR PROCESS
Leader Team structures the process around your actual activity, contractual requirements and intended level of protection.
Provide the essential information about your activity, structure and cover requirements.
Your broker clarifies the risks, relevant history and parameters required by insurers.
We compare available options and explain the important limits, clauses and exclusions.
QUOTE REQUEST
Provide the company’s basic details and the roles requiring protection so the exposure can be assessed appropriately.
Call a broker0040726715491
QUOTE REQUEST
Complete the details below and a Leader Team specialist will contact you to clarify your requirements.
LEADER TEAM PORTFOLIO
Explore related solutions protecting professional activity, management decisions and business liabilities.
FREQUENTLY ASKED QUESTIONS
Clear answers about cover, eligibility and policy structure.
It can cover financial claims against directors arising from management errors, unintentional negligence, inaccurate statements or omissions in the running of the company.
Yes. A central purpose of D&O insurance is to protect a director’s personal assets against damages claimed by third parties or shareholders, subject to the policy terms.
D&O insurance addresses the decision-making acts of individuals in management, while the company’s general liability insurance concerns third-party losses arising from ordinary business operations.
No. Proven intentional acts, fraud, criminal conduct and unlawful personal gain are excluded from insurance cover.
The premium is generally paid by the company for the benefit of its statutory directors, board members and executive officers.
