Directors & Officers Liability
Directors' liability for the legal and correct performance of their fiduciary duties to their companies is unlimited, but unlike companies, directors cannot hide behind limited liability - ultimately all of their assets are at risk. Furthermore, directors are "joint and severally liable" - the actions of one are the legal responsibility of all. Those in non-executive roles are equally liable. Howden India provides Directors and Officers Liability products to clients ranging from private through to NASDAQ quoted companies. We offer a tailor-made personal service, backed up by one of the most experienced claims teams in the market.
Our policy includes protection for the directors and officers:
- Of the insured
- Of all subsidiary companies including those acquired or created during the period of the policy
- Whilst on outside boards