In today’s business landscape, corporate transparency and accountability are more important than ever. As a result, directors and officers face increasing risks of litigation from employees, regulators, shareholders, creditors, and customers.
Whether you operate a large corporation, a privately held business, or a not-for-profit organisation, Directors and Officers (D&O) Liability Insurance supports to safeguard your leadership team and your organisation.
What Is Directors and Officers Insurance?
Directors and Officers insurance provides financial protection for company directors, officers, and board members in the event of legal claims made against them for actual or alleged wrongful acts. These may include errors in judgment, omissions, breaches of duty, or misleading statements.
Unlike public or product liability insurance—which usually covers physical damage and bodily injury—Directors & Officers insurance provides cover towards legal defence costs and settlements related to management decisions.
Why Does My Business Need Directors and Officers Insurance?
Legal costs to defend directors and officers can be substantial—even for small and mid-sized companies. With growing employee awareness of workplace rights, changing regulations, and increased shareholder activism, the risk of claims is higher than ever.
Privately held businesses and not-for-profits can also face costly lawsuits stemming from board decisions. For these organisations, the financial impact of defending a claim can be devastating.
Special Considerations for Not-for-Profit Organisations
Non profits often operate on tight budgets, making Directors and Officers insurance feel like a luxury. However, even volunteer boards can be sued for governance-related decisions. A tailored Directors and Officers policy can offer peace of mind and protect your mission from legal threats.
We understand that every organisation is unique. That’s why we work closely with you to find a tailored insurance solution that matches your business’ needs and risk.
Whether you’re running a non profit, a private company, or a growing enterprise, Directors and Officers Liability Insurance can be an essential layer of protection. Contact us today for a personalised quote or complete our enquiry form and we’ll be in touch with you as soon as possible.
Get in touch about a Directors & Officers Insurance Quote Today
Complete our enquiry form and a member of our team will be in touch as soon as possible.