Contract D&O

INFORMATION
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+357 22441903
+357 22441908
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Contract D&O
Insurance D&O (Directors & Officers Liability) is a specialized insurance policy that offers protection to directors and officers of a company from possible legal claims that you may encounter in the performance of their duties.
In a business world characterized by increased regulation and tighter controls, the directors and officers are exposed to significant risks. Even the best decisions can lead to years of legal wrangling, with the result that high legal costs and possible personal financial losses.
What covers insurance, D&O:
- Third party claims: It covers the legal claims that can raise shareholders, customers, employees, regulatory authorities or other interested parties.
- Legal costs: Pay the legal fees required to defend in a lawsuit.
- Out-of-court settlement: Covers the cost of an extra judicial settlement, if necessary.
- Reputation and career: Protects the reputation and career of the insured.
Why do you need insurance D&O:
- Protection of personal property: Insurance D&O protects the personal property of the directors and executives from potential financial losses.
- Peace and security: Provides managers and executives with the serenity they need to take decisions without having to worry about their personal effects.
- Attractiveness for investors: The existence of insurance D&O can increase the attractiveness of the company to investors.