Management Liability - Directors & Officers Insurance (D&O)

D&O covers Losses arising from Claims against Directors and Managers of the Insured that have been caused by Wrongful Acts while they perform the functions of the Director and manager.

Wrongful Acts can be defined as "... any actual or alleged conduct whatsoever that is actual or alleged, or anticipated errors, omissions, false statements, claims misrepresentation, defamation, misrepresentation, libel, negligence, or breach of duty or any other matter brought against the Insured Person for the reason of the Insured Person's actions in their position ...”

D&O Insurance Coverage

• Director and Officers Individual Liability: Indemnify the individual managers / managers of the claims that the Insured Organization can not pay
• Company Reimbursement: Compensation to the Insured Organization for what the Insured Person paid on behalf of the Insured Person / Manager
• Securities Claims: Compensation for Losses arising from a Securities Claim
• Legal Fees & Investigations: Indemnify the Organization / Insured Person against the costs of the Investigator and all costs of legal representation paid by the Insured Person on behalf of the Insured
• Employment Practices Liability: claims relating to Sexual harassment; Discrimination; Wrongful or unfair termination of employment contracts, Deprivation of career opportunities Labor-related misinformation

Additional Coverage

• Investigations and Regulatory Crisis
• Excess Limit Protection
• Bodily Injury & Property Damage Defence Costs
• Emergency Costs
• Public Relations Expenses
• Investigation Costs for Derivative Demands
• Tax Liability
• Civil Fines and Civil Penalties
• Mitigation
• Automatic New Subsidiary

• Prior Insured Events and Circumstances
• Bodily Injury and Property Damage
• Criminal Conduct