Directors and Officers
Directors & officers may be held personally liable for the losses connected to culpable acts or negligence by the director and/or officer.
The Board of Directors and Executive Management can be targeted personally, either individually or collectively. While the liability of the company is limited, a director’s and officers liability is unlimited, why insurance is of interest.
RiskPoint’s D&O insurance covers directors and officers for damages and defence costs as well as other related costs incurred due to claims against them, demanding damages as a consequence of financial losses. The insurance covers from the first civil or criminal investigation, including defence costs arising from both actual or alleged wrongful acts.