Directors' and Officers'
Liability Insurance

What is Directors' and Officers' Liability Insurance?

Directors' and Officers' (D&O) Liability Insurance protects company directors, officers, and senior executives against claims arising from their decisions and actions while managing a business. It covers legal costs and compensation if they are held personally liable for alleged wrongful acts.

Whether you are a director, senior manager, or trustee, this insurance ensures that your personal assets are safeguarded in case of legal action.

Who Needs Directors' and Officers' Liability Insurance?

Any business with a leadership team should consider D&O Insurance, including:

• Company Directors & Senior Executives – Protection from claims related to mismanagement, regulatory breaches, or fiduciary duties.
• Board Members & Trustees – Essential for those overseeing financial, strategic, and operational decisions.
• Startups & SMEs – A vital safeguard for growing businesses as they navigate complex legal and financial responsibilities.
• Non-Profit & Charity Leaders – Covers personal liability risks for those running charitable organisations.
• Public & Private Companies – Protection against lawsuits from investors, employees, regulators, and other stakeholders.

Why is Directors' and Officers' Liability Insurance Important?

In today’s regulatory environment, directors and officers are increasingly held accountable for their decisions. Without insurance, personal wealth and assets could be at risk.

Common claims that D&O Insurance protects against include:

• Regulatory Investigations – Legal costs for defending against allegations of regulatory non-compliance.
• Shareholder & Investor Lawsuits – Claims related to misrepresentation, financial losses, or breaches of duty.
• Employment Practices Claims – Protection against allegations of wrongful termination, discrimination, or harassment.
• Mismanagement of Company Funds – Covers claims regarding poor financial decisions impacting shareholders or creditors.
• Breach of Fiduciary Duties – Defence against claims that directors acted against the company’s best interests.

What’s Covered in Directors' and Officers' Liability Insurance?

D&O Insurance policies typically include:

• Legal Defence Costs – Covers legal fees incurred in defending against claims.
• Regulatory & Investigation Costs – Protection for legal proceedings initiated by regulators.
• Settlements & Compensation – Covers financial settlements or damages awarded in lawsuits.
• Employment Practice Liability – Covers claims related to wrongful dismissal, discrimination, or harassment.
• Corporate Manslaughter Defence – Covers legal expenses related to corporate manslaughter allegations.

What’s Not Covered?

• Fraudulent, dishonest, or criminal acts.
• Personal profit gained unlawfully.
• Fines and penalties imposed by law.

Additional Cover You May Need

Depending on your business structure, you may also need:

• Professional Indemnity Insurance – Covers claims related to negligence in professional services.
• Employers’ Liability Insurance – Cover for employee injuries or illness.
• Cyber Insurance – Covers financial losses from cyberattacks and data breaches.
• Public Liability Insurance – Protects against claims for injury or property damage caused to third parties.

At Insurably, we have access to 100s of insurer markets, ensuring that no matter how complex your needs, we can find the right Directors' and Officers' Liability Insurance for you.

Start your quote online, and rest assured that we’re working hard to match you with the best insurer, ensuring you get the coverage you need.