Directors & Officers (D&O) Liability Insurance for Financial Institutions

Directors and Officers of any company whilst discharging their functions as such, are obliged to act with due diligence good faith, care, skill, honesty and assiduity. They can be held liable for any “wrongful act” whereby any third party is exposed to a financial loss.

D & O policy provides a safety net to Directors and Officers for their actions taken in good faith which results in a financial loss to any third party.