Directors and officers insurance helps protect the personal assets of company directors and officers when they face allegations arising from decisions made in their management roles.
Advice centred on the personal and corporate exposures faced by decision-makers.
Policy options shaped around your organisation, structure, industry and governance risks.
Practical broker support when a notification, investigation or claim arises.
Clear explanations of policy limits, exclusions, conditions and extensions.
Directors and officers insurance, often called D&O insurance, is designed to protect directors, officers and senior managers against the financial consequences of allegations that they acted wrongfully in their management capacity.
Claims can arise from alleged breaches of duty, negligence, misrepresentation, misleading conduct, employment decisions, shareholder disputes, regulatory action or insolvency-related allegations. Even when allegations are ultimately dismissed, legal representation and investigation costs can be significant.
ABS Insurance Brokers can help your organisation assess its governance exposures and arrange directors and officers cover suited to its structure, activities and risk profile.
May cover directors and officers for allegations of wrongful acts, errors, omissions, breach of duty, negligence, misrepresentation or misleading conduct arising from their management role.
Can help meet legal defence and representation costs for covered claims, investigations, inquiries and proceedings, subject to the policy wording and limits.
May respond to costs associated with certain regulatory investigations, official inquiries or examinations involving an insured director or officer.
Can provide protection for allegations brought by shareholders, investors, customers, competitors or other third parties, where the claim falls within the policy.
Some D&O policies include entity cover for the company when it is named alongside directors or faces a covered securities, governance or management allegation.
Run-off options may help preserve protection for past acts after a director retires, a company is sold or operations change, subject to the policy and notification requirements.
We understand the personal and organisational risks that can follow management decisions.
We help identify appropriate limits, sections, extensions, deductibles and run-off requirements.
We compare suitable directors and officers insurance options through our insurer relationships.
We explain policy wording, claims-made requirements, notifications, exclusions and conditions.
We remain available through quotation, renewal, organisational change and claims notifications.
Speak with ABS Insurance Brokers about directors and officers insurance for your organisation.
Directors and officers insurance, or D&O insurance, is designed to protect directors, officers and senior managers from the financial consequences of allegations connected with their management decisions. Cover may include defence costs, investigations, inquiries and settlements where the policy responds.
It may be relevant to directors and officers of proprietary companies, public companies, not-for-profits, associations, professional organisations, property groups and other businesses. The right level of cover depends on the organisation’s size, activities, structure, stakeholders and regulatory environment.
D&O insurance may cover allegations such as breach of duty, negligence, misrepresentation, misleading conduct, wrongful acts, shareholder disputes and certain regulatory matters. Coverage varies between insurers and policies, and limits, exclusions and conditions apply.
D&O insurance can help protect personal wealth from covered claims made against an insured director or officer, but it does not cover every type of liability or intentional wrongdoing. The policy wording, claims process, exclusions and applicable law determine whether cover responds.
Run-off cover is designed to continue protection for past acts after a director retires, a company is sold, or operations cease. D&O policies are commonly claims-made, so notification timing and continuity of cover are important. Your broker can explain the available options.
