Directors and Officers Liability Insurance

Get covered if you’re sued in your personal capacity

Directors and Officers Liability Insurance provides financial protection in the event of being sued for losses arising from decision-making related to the company. Since a director can be held personally responsible for acts of the company, the Companies Act accommodates for the indemnification of directors and the purchase of D&O liability insurance.

Directors and Officers Liability Insurance may suit your business if:

  • You, your directors or officers need protection from being sued
  • You want to remain competitive in the event of being sued for a board decision
Highlights
 
Since a director or officer in your company can be held personally liable for decisions that affect the company and business outcomes, you need legal protection. Directors and Officers Liability Insurance mitigates your risks in compliance with Section 78 (3) of the new Companies Act.


Features and benefits

  • Covers directors and officers in the event of being sued for making a decision that affects your business’s operations
  • Meets regulatory requirements in line with Section 78 (3) of the new Companies Act, accommodating for the indemnification of directors and the purchase of D&O liability insurance

FAQs

What Insurance solutions can Standard Bank offer my business?

Standard Bank can provide you with insurance solutions for:

  • Damage to property and assets
  • Business interruption
  • Public liability
  • Electronic equipment
  • Goods in transit
  • Cover for money and theft

 How to apply

  • Need Directors and Officers Liability Insurance? Contact your account executive.
  • Complete the form below and a consultant will call you back.

 

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