Directors and Officers Liability Insurance

In today's evolving litigation environment and increasing regulatory environment and increasing investigation into companies by regulatory authorities, every corporate's Directors and Officers, irrespective of the size of the company is a potential target for litigation.

Company's Directors and Officers may be personally liable for the decisions they make, potentially resulting into devastating damages and expenses. According to the survey conducted, law suits brought against Directors and Officers are mostly by shareholders, regulatory authorities, competitors, customers and suppliers.

There is no standard form of Directors & Officers (D&O) cover and a lack of uniformity in policy terms and conditions, hence there are different covers available in the market by different insurance companies. Unlike many other types of insurances, where price comparison can be made based on similar type of coverage, D&O policy must be analysed minutely, if they are purchased to meet with the expectations of the Directors and Officers and protect their interests from financial losses.

We have a team of D&O specialists who have experience to deal with Global D&O policy, understanding the legal provision of various countries. Law makers in a number of countries are contemplating the changes in the Company Act, including in India whereby introducing class action litigation against the Director and Officers and also increasing the responsibilities of the Director to protect the interest of various stakeholders.

We have a team of experts who have the ability to understand your business and do the proper risk assessment of exposure which Directors and Officers have to their company and shareholders including understanding of the prevailing laws of the country, to assist you to get the best policy.

We represent your interest in the market and negotiate directly with the insurers for the best coverage and in the event of any claim, our technical support team coordinates for documentation and resolves the claims successfully.