Why do I need liability insurance for managers and executives?
Management & Executive Liability Insurance (D&O) covers the Members of the Board, the Directors and the Executives of companies for the personal responsibility they bear during the exercise of their Administrative and Managerial duties, such as mismanagement, mistakes, omissions, work practice , violation of the articles of association, unnecessary expenses, deception, reduction of share value, bias, etc.
To whom is it addressed?
It is addressed to the Managers and Senior Executives of organizations, associations, private sector companies, non-profit institutions, international companies, listed companies in Greece and abroad and financial institutions such as banks, investments banks & funds.
What does D&O insurance cover?
- Awarded monetary compensations
- Sums of money due to claims settlement
- Legal defense and investigation expenses
- Amount of money for moral damage and insult of personality
- Protection of the property of Directors, Executives and Board Members
Contact our insurance consultant for more information.
