Directors' and Officers'
Liability Insurance
What is Directors' and Officers' Liability Insurance?
Directors' and Officers' (D&O) Liability Insurance protects company directors, officers, and senior executives against claims arising from their decisions and actions while managing a business. It covers legal costs and compensation if they are held personally liable for alleged wrongful acts.
Whether you are a director, senior manager, or trustee, this insurance ensures that your personal assets are safeguarded in case of legal action.
Who Needs This?
Any business with a leadership team should consider D&O Insurance, including:
- Company Directors & Senior Executives – Protection from claims related to mismanagement, regulatory breaches, or fiduciary duties.
- Board Members & Trustees – Essential for those overseeing financial, strategic, and operational decisions.
- Startups & SMEs – A vital safeguard for growing businesses as they navigate complex legal and financial responsibilities.
- Non-Profit & Charity Leaders – Covers personal liability risks for those running charitable organisations.
- Public & Private Companies – Protection against lawsuits from investors, employees, regulators, and other stakeholders.
Why is it Important?
In today’s regulatory environment, directors and officers are increasingly held accountable for their decisions. Without insurance, personal wealth and assets could be at risk.
Common claims that D&O Insurance protects against include:
- Regulatory Investigations – Legal costs for defending against allegations of regulatory non-compliance.
- Shareholder & Investor Lawsuits – Claims related to misrepresentation, financial losses, or breaches of duty.
- Employment Practices Claims – Protection against allegations of wrongful termination, discrimination, or harassment.
- Mismanagement of Company Funds – Covers claims regarding poor financial decisions impacting shareholders or creditors.
- Breach of Fiduciary Duties – Defence against claims that directors acted against the company’s best interests.
Coverage at a Glance
Know exactly what you're protected against.
What's Covered
D&O Insurance policies typically include:
- Legal Defence Costs – Covers legal fees incurred in defending against claims.
- Regulatory & Investigation Costs – Protection for legal proceedings initiated by regulators.
- Settlements & Compensation – Covers financial settlements or damages awarded in lawsuits.
- Employment Practice Liability – Covers claims related to wrongful dismissal, discrimination, or harassment.
- Corporate Manslaughter Defence – Covers legal expenses related to corporate manslaughter allegations.
What's Not Covered
- Fraudulent, dishonest, or criminal acts.
- Personal profit gained unlawfully.
- Fines and penalties imposed by law.
Additional Cover You May Need
Depending on your business type, consider adding these protections.
Get the right cover for your business
At Insurably, we have access to 100's of insurer markets. No matter how unique your requirements, we find the right cover to suit you.
What does Directors' and Officers' cover you for?
Directors and Officers (D&O) Insurance protects company leaders against personal liability from claims related to their decisions or actions. Insurably® provides tailored D&O cover that gives business owners and executives peace of mind—so they can lead with confidence, knowing they’re protected.
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