ABA Blog

October 31, 2018

Directors and Officers Management Liability Insurance

Being a Director, partner or officer in a business is stressful enough as it is without having to worry about the cost of compensation and claims made against you. As a Director, partner or officer you can often be responsible for employees, customers, investors and regulators. It’s vital that you stay protected should an of these individuals wish to make a claim against you for a breach of terms or rights or any other wrongful doing.

What is Directors and Officers Liability Insurance?

Directors and Officers liability insurance is designed to protect directors or officers against any personal claims or proceedings made against them in the workplace.

What does it protect against?

Directors and Officers liability insurance will cover you against other Directors, partners, officers, employees (current and former), investors, customers and regulators.

Each policy can be tailored to fit the customer’s needs but typically a policy will cover yo...

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