Director’s & Officers Liability Insurance

D&O insurance protects the individual director/officer against legal costs and possible damages in defending allegations of Wrongful Acts in their capacity as a Director or Officer in the management of a company.

A Wrongful Act is usually defined as an error, mis-statement, misleading statement, conduct, omission, neglect or breach of duty.

Why do you need it?

Specific duties and responsibilities are imposed on directors as to the conduct in which they run a business. The responsibilities are imposed under contract conditions, common law and statutory legislation and in most circumstances, the individual director or officer will be held personally liable.

Duties of a director include:

What is covered?

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A.I.S. Insurance Brokers Pty Ltd
137 Moray Street
South Melbourne 3205
Victoria Australia
Telephone +61 3 8699 8888
Facsimile +61 3 8699 8899