To what extent can defence costs be claimed under a D&O policy? Directors and Officers liability insurance policies cover the financial liabilities that directors face if they commit mistakes in discharging their duties. The third parties who suffer the financial consequences of such mistakes hold them responsible for the financial losses. Accordingly, the third parties […]
Directors and Management Officers in a corporate environment hold very responsible positions, not just from the corporate’s point of view but for external stake-holders, like investors, customers, the public at large and government. Any decision made by them has repercussions for everyone and carries a significant risk of generating an adverse result. Directors’ & Officers’ […]
How Does A Directors & Officers’ (D&O) Liability Insurance Work?