Directors’ and Officers’ Insurance

Directors’ and officers’ insurance is vital to protect company directors or officers from costs incurred due to claims made against them. With an increase in business regulations, it is important for a director to be fully protected and have sufficient liability insurance in place.

A director or officer may be liable and vulnerable to a range of claims from shareholders, customers, or even competitors. Typical claims may relate to a merger or acquisition or a breach of employment law. This is why it is important to have adequate insurance if you are a director, to protect you against such claims made against you and cover any costs that may be incurred as a result.