What is directors and officers insurance?
In short, as advised in our blog
9 Types of Insurance Small Businesses Should Have Directors and Officers Insurance (D & O Insurance) protects the personal liability of the head of a company against alleged misconduct when acting in their role as a key decision maker while running a company. If you are looking at starting a small business in Singapore or if you already own a business and you are interested in finding out more about Director and Officers Insurance,
leave your details here and one of our team will get in touch.
Directors and Officers (D & O) Insurance offers cover and protection for executive directors and officers or, more generally corporate officers – basically anyone that is put in charge of making decisions. This cover can protect them from any claims or investigations made against them and their decisions that are carried out while they perform their role as a director and officers. These policies protect the personal liability of these individuals and all past, present and future directors are covered by this policy as well. If you need further clarification on this (or just want to skip the reading!),
leave your details here and one of our business insurance experts will get in touch to talk to you about what this means for you and your company.
Operating a business out of Singapore will increasingly mean that your company may operate with partners internationally. When your company is conducting business outside of Singapore, this means that your business is subject to a different set of rules and laws that apply to that particular jurisdiction. If your company goes global (which is very easy to do here), D & O Insurance can help you by making sure that any business decisions made which affect your dealings in a country that is not Singapore is protected also. Give us a call and one of our business insurance experts can help guide you through what this means for you.