Directors and Officers Liability Insurance
A must have for your organisation
Are you a director of a company? If so, a Directors and Officers Liability Insurance Policy is a must for your organization. Let us tell you why.
In today's times, a Company Director is exposed to various litigation risks. The Director's personal assets are at risk due to wrong business decisions.
Consider the famous case of Satyam where even the innocent directors were sued for a huge sum and the D&O Insurance Policy had paid for their Defence Costs.
A Director's and Officer's Insurance Policy (commonly known as D&O Insurance Policy) would be immensely useful in such cases. A Directors and Officers Liability Insurance Policy provides cover for the liability of Directors on account of the wrongful or negligent acts committed by them in their managerial capacity.