Directors’ liability

As a director, you want what is best for your company. You put your heart and soul into your business and you frequently take management decisions that have important financial implications. Of course, this is also associated with certain risks.

Did you know that as a director you can be held personally liable for an error or failure to act?  

AlliA sees this risk increasing every year.

Some trends are:

  • More and stricter legislation
  • A changing mentality
  • Lawyers’ strategy to hold not only the company but also the individual director liable
  • More and more parties are allowed to make a claim

This makes a good directors' and officers' liability insurance (D&O) policy more relevant than ever.

Directors' and officers' liability insurance covers all financial consequences arising from a claim against you where your personal or joint and several liability is at stake due to a professional error. This way, your private assets are protected.

Do you still have questions?
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