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BusinessInsurancePenberthyPersonal

What is Directors and Officers Liability?

By October 26, 2021 November 1st, 2021 No Comments

Directors and officers liability cover responds to claims that a director, or an officer of the company who may be deemed to be a director (typically a senior executive), has committed a wrongful act in serving the company. Legislation such as the Companies Act and the Fair-Trading Act mean that company directors and officers may find themselves accountable to shareholders, creditors, competitors, employees and members of the public.

At Penberthy Insurance, we want to help you protect your business! If you would like to talk to one of our business insurance advisers, visit our website www.penberthy.co.nz.

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