Insurance Products - Directors & Officers Liability Insurance

Directors & Officers Liability

Directors & Officers Liability Insurance

Directors and officers (D&O) liability insurance is an insurance policy that covers and protects the directors and officers in an organisation from the financial and reputational costs of the regulatory or legal action. Whether or not you’re found liable, the costs of defending such proceedings can be significant.

With stricter corporate regulations in place today, Directors & Officers are under increased pressure to carry out their duties and obligations accurately. Failure to do so may lead to personal liability for the individual director or may even affect the entire board of directors.

Learn how EWIB can help you

We understand that, while you don’t wish for anything negative to happen in the course of working, there’s a chance that it may – and while you don’t want to hope for the worst, you certainly can plan for it. Directors and Officers Liability Insurance is in place to protect Directors & Officers personally from the financial and reputational costs of regulatory legal actions. No matter the size of your organisation, this policy protects from claims made against you by a third party – from shareholders to customers.

The D&O insurance segment will continue to grow and develop in the years to come, and at East West Insurance Brokers, we know just how important it is to keep up with these changes. Our brokers can offer you security and flexibility with D&O liability insurance.

Benefits in this policy may include:

  • Non-Indemnifiable Directors’ & Officers’ Liabilities
  • Company Reimbursement Cover
  • Representation Expenses at Inquiries (No Allegation of Wrongful Act Required)
  • Company Securities Cover
  • Inquiry/Defence Costs for OH&S Investigations/Proceedings
  • Pecuniary Penalties (As Permitted by Law)
  • Optional Employment Practices Liability

Why Is D&O Liability Insurance Important?

D&O liability is not immune to risk exposure in an organisation. Claims from employees, clients and stockholders may be made against the directors and officers of an organisation. It’s not only a necessary coverage for large corporations, but it’s also an essential aspect to help protect small organisations and their owners/shareholders appropriately.

Having a D&O liability policy in place provides protection in the event of any actual or alleged error, misstatement, omission, misleading statement, or breach of duty. In addition, some policies may extend the same coverage to employees. Ultimately, the policy will let you focus on running the organisation rather than worrying over prolonged litigation.

How Confident Are You that Your Insurance Risks are Adequately Covered?

East West Insurance Brokers aim to arrange the most appropriate cover for you by providing tailored solutions to suit your business needs. We will also support and assist you, in the event of a claim.

Speak to us to ensure your business is protected with appropriate D&O liability insurance today.

*Please note all insurance policies have exclusions. Please refer to the Product Disclosure Statement or Policy Wording before deciding whether the insurance policy meets your needs.

Have a Question?

Get in Touch.

We would be very pleased to answer your questions and assist you to secure cost-effective and risk-effective insurance.

If you would like to discuss any of these fields or would like to get started with us as your insurance broker, feel free to give us a call on 1800 809 132 or get in touch online.

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Meet East West Insurance Brokers
Our general insurance brokerage

Born in 1984 as a general insurance brokerage, we can provide bespoke insurance advice to anyone in the general public within Australia. Our clients are primarily decision-makers in small, medium, and large businesses from various industries, including transport, earthmoving, and professional advisors.