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Company Directors are subject to a wide range of exposures arising from the management of the Company.
Directors and Officers Liability Insurance is designed to provide cover to individual Directors and Officers for their personal liability arising from the management of the company. It is well recognised within the Insurance Industry that Directors and Officers Liability Insurance is a complex and highly specialised product. For that reason S.I.B has created the Corporate and Professional Services division to ensure that the Directors of our clients are provided the most comprehensive level of policy coverage which allows them to discharge their duties in the knowledge that they are appropriately protected.
A Directors and Officers policy can be structured to provide cover for:
Advancement of Defence
Costs of attending an inquiry and OH&S investigation
Fines and penalties
Prospectors Liability
Statutory Derivative Securities action including actions against the xxxxx
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