Enquire

Directors and Officers Insurance

Get a Quote

What is D&O Insurance? 

(D&O), often referred to as Management Liability insurance, provides coverage for directors and executives of businesses, against claims their decisions and actions have adversely affected others.

D&O insurance covers defence costs, monetary damages, settlements, and awards for claims made by shareholders or third parties. An often misunderstood but  essential policy which protects directors  personal assets.

What does Director and Officers Insurance cover?

Covered

Breaches of Fiduciary Duties

Claims for alleged breaches of fiduciary duties to the company and shareholders.

Shareholder Actions

Legal actions by shareholders against directors and officers for mismanagement or not acting in the company's best interests.

Reporting Errors

Claims from inaccurate or misleading financial or operational reporting.

Inaccurate or Inadequate Disclosure

Claims for failing to provide accurate or sufficient information.

Misrepresentation in a Prospectus

Claims related to false or missing information in fundraising or IPO documents.

Failure to Comply with Regulations or Laws

Claims from not following industry regulations or laws.

Corporate Manslaughter

Claims related to deaths due to the company's actions or negligence.

Creditor Claims

Claims from creditors when the company can't meet its financial obligations.

Not Covered

Fraud and Criminal acts

Excludes any claims of officers and directors committing acts of international fraud and crime.

Personal injury or Property Damage

Does not cover personal injury or any damage inflicted on company property

Claims made under existing policy

Excludes any claims known before the commencement date of the Directors and Officers Insurance policy.

What is D&O Insurance? 

Cyber insurance is crucial for nearly all businesses operating in the digital space. However, the specific type of coverage is dependent on the size of the company and the nature of the customer data it handles. Industries particularly vulnerable to cyber attacks include healthcare facilities, financial institutions, legal and accounting firms and retail enterprises.

(03) 9967 1400
enquiries@plibrokers.com.au

Directors and Officers Insurance

Get a Quote

Why PLI?

We have you covered.

01

Tailored Insurance Solutions

Our team at PLI Brokers crafts bespoke insurance solutions tailored to your specific needs.

02

Expert Risk Analysis and Management

PLI Brokers provides expert risk analysis and management services to safeguard your business against potential threats.

03

Unparalleled Customer Service

Our dedicated team is committed to providing prompt, professional, and personalised assistance at every step of your insurance journey.

Frequently Asked Questions

What is D&O insurance?

D&O insurance protects company directors and officers against personal liability for decisions made while managing the company.

Who needs D&O insurance?

Directors, officers, and board members of companies, non-profits, and associations should consider D&O insurance.

What does D&O insurance cover?

It covers legal costs, settlements, and damages arising from claims of wrongful acts, errors, or omissions by directors or officers.

Is D&O insurance necessary for private companies?

Yes, private companies can face lawsuits from employees, customers, or competitors, making D&O insurance important.

Does D&O insurance protect personal assets?

Yes, it helps shield the personal assets of directors and officers from claims related to their corporate roles.

What are common claims covered by D&O insurance?

Claims related to mismanagement, breach of fiduciary duty, employment practices, and regulatory actions are commonly covered.

Can D&O insurance cover legal costs?

Yes, D&O insurance typically covers legal defense costs, even if the claims are unfounded.

Does D&O insurance cover the entire board of directors?

Yes, it generally covers all directors and officers of the company, though specific policies may vary.

Explore our products

Schedule a meeting with a PLI Broker today.

We believe in working closely with you to understand your unique needs and preferences, ensuring that the insurance coverage we offer is affordable and precisely tailored to meet your requirements.

Contact Us

Please complete the form and one of our consultants will contact you shortly.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.