Directors & Officers nowadays, have more responsibilities than ever and their role becomes more and more demanding. Their obligation towards their company’s shareholders is increasing day by day and thus the possibility of a lawsuit towards them is increased as well.
The D&O Insurance can offer cover for:
- Costs, as a result of a formal investigation by the competent supervisory / regulatory authorities.
- Costs awarded by the court,
- Costs from employee lawsuits,
- Costs from lawsuits from the company itself or from subsidiaries.