New Zealand

Directors and Officers Liability Insurance

Accountable for their actions, directors and officers can be personally liable for their legal obligations, with resulting lawsuits time consuming and costly to defend. This provides you with comprehensive cover for costs involved with legal action arising from carrying out management and fiduciary duties.

Overview

This covers you for costs involved with legal action arising from carrying out your management and fiduciary duties. Directors and officers are accountable for their actions and can be exposed to serious liability risks.

Coverage Benefits

Provides cover to protect you from claims alleging mismanagement. Legal action can arise from either your employees (wrongful dismissal, harassment, unfair work practices and unsafe work environments) or from third parties (shareholders, bond holders, creditors, liquidators, competitors or regulators).

Defence costs provided in addition to the policy limit

Damages or settlements

Emergency and Public Relations costs

An additional cover is provided for Non-Executive Directors should the underlying limit be exhausted

Territory/Jurisdiction

NZ and Pacific Islands domiciled risks

Worldwide Jurisdiction can be provided

Target Segments

This comprehensive solution can be tailored to any size of company whether private or publicly listed.

Capacity

Up to $30m

Downloads

Want to know more?

We’d love to hear from you. Get in touch with us to learn more about Directors and Officers Insurance.