D&O Insurance - Do you need it?

BEING on the board of directors of a company is a privilege. However, it comes with responsibilities - and liabilities. You may, for example, be sued by, say, a stakeholder who suffers financial loss and attributes it to a failure of your duty as a director.

Directors and Officers (D&O) Insurance provides directors and company officers liability cover for claims which may arise from the decisions and actions taken within their scope of regular duties and responsibilities.

Liability myths