Directors and Officers Liability insurance is often overlooked by the directors of small private companies. Our Professional Indemnity package can be extended to include D&O insurance.
An increasing number of claims are being made against directors and officers arising from the management of their company. This could include investigations by regulators or claims alleging that you have breached your duties as a director.
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With iSure, Directors and Officers insurance is simple to arrange and affordable
Our Directors and Officers insurance enables you to insure the directors and officers of your company against claims up to $250,000 arising from the management of the company and provides coverage for loss including:
- Legal defence costs
- Awards of costs, including legal costs and expenses
- Settlements entered into with the consent of the insurer
Like all directors and officers policies sold in Australia, a director or officer can only be indemnified to the maximum extent permitted by law (and subject to policy limits). Things that are not covered include fines and penalties, fraudulent, dishonest, criminal or malicious acts. These exclusions are common to this type of insurance.