Protect yourself from costly lawsuits
Directors & Officers (D&O) insurance is put in place to protect all directors and officers, active or retired from errors or wrongful acts in managing the company that result in lawsuits and investigations.
Why Get D&O Insurance?
Reduce Risk
Personal assets are at risk if you are sued over a decision you made on the company’s behalf. The typical cost of a lawsuit to a startup in Southeast Asia exceeds $200k.
Attract the Best
Competition to attract the best leaders is fierce. With the protection of D&O, it enables leaders to take the risks necessary to grow the business without having to worry about unexpected lawsuits.
Who needs D&O insurance?
Any company or startup that has raised capital or has a board should be protecting management from lawsuits.
This is especially so for the following sectors.
Finance, Fintech, Funds
Financial regulated companies are under more scrutiny and have a higher risk of investigations
Startups, Tech, Consulting
Any startup or company that has raised capital or has a board should be protecting management from lawsuits
Key Policy Coverages
Typical policy benefits
Who
What
Typical Exclusions
This is covered by Professional Indemnity Insurance. Find out more.