Why do I need a D&O policy?

For any organization, the directors and officers are its key players both for its management and administration. These employees helm the company and make executive decisions that impact its future growth and profitability.  However, being human, the officers of the company often make mistakes while discharging their duties. Such mistakes can cause third party losses […]

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Is D& O policy required in case of merger/acquisition?

Is D& O policy required in case of merger/acquisition? Mergers or acquisitions have become very common in today’s age when large companies take over or merge with smaller companies with a view to expand their business. Whenever there is a merger or an acquisition, the directors and officers of both the companies involved face a […]

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What is D & O insurance?

A director and officer liability insurance, also known as D&O policy, is a liability insurance which offers coverage for the personal liability of directors and officers which may arise due to wrongful acts done by them in their managerial capacity. The defence costs are covered and payable in advance under this policy before the judgement […]

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Why should a start-up consider Directors and Officers(D&O) Insurance?

Start-ups grow so rapidly that it’s often difficult for them to correct course if they commit any mistakes. At their incubation and early start stage, start-ups usually ignore Directors and Officers Liability Insurance because of the misconception that this policy is required only for an organization on a large scale. But instances of non-compliance, breach […]

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Are Directors Personally Liable For Company Debts?

If directors act correctly, they may not be held liable for debts. As it is a well-acknowledged fact that company is a separate legal entity, but directors may be held liable for company’s insolvency if there has been some wrongful trading. A director can be held liable for corporate debts in certain scenarios such as: […]

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Are there any real life examples where D&O has helped an organisation?

Are there any real life examples where D&O has helped an organisation? A Directors and Officers (D & O) Liability Policy covers the directors and officers of the company against any financial liability that they suffer in case they make errors or mistakes in their jobs. The directors and officers of an organisation are responsible […]

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