Protect your directors and officers for claims made against them
Directors & Officers Liability Insurance can indemnify your directors and officers for claims made against them if they commit, or it is alleged they have committed, a wrongful act.
Employees, customers, competitors, shareholders, creditors, the Australian Competition and Consumer Commission and the Commissioner for Taxation can all bring actions against your directors and officers.
What you're covered for:
Wrongful acts such as:
Actual or alleged breach of duty
Breach of trust
Negligence
Error
Misstatement
Misleading statement(s)
Omissions
Breach of warranty of authority
Other acts wrongfully done or wrongly attempted in your capacity as a director or officer
This policy provides indemnity for directors and officers, and for your organisation for payments it makes in respect of claims against directors and officers.
It also covers legal costs for the successful defence of prosecutions of directors or officers; legal costs for attendance at investigations and defence costs for breach of Workplace Health & Safety (WHS) Law.
Features:
Limit of Indemnity up to $10,000,000
Advance payment of defence costs
Indemnity for estates, heirs, legal representatives or assigns of deceased, incompetent or insolvent directors and officers
Claims against spouses of directors and officers
Outside directorships in non-profit organisations
Expenses for public relations or media advisors in the event of a crisis
