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Liability insurance for Directors and Managers protects the manager, your assets and the company against claims from third parties (suppliers, creditors, employees, shareholders...) derived from your business decisions.

Highlighted Coverages

  • Claims against executives
  • Claims against the company
  • Defense expenses
  • Reputation expenses
  • Bonds
  • Fines and penalties

Detailed Information

FOR WHOM?

Aimed at Managers, Directors, Counselors or Company Administrators who seek to guarantee their personal responsibility and protect their assets against third-party claims (suppliers, creditors, employees, shareholders...) derived from their business decisions.

The policyholder must be the company.

WHY?

Because any administrator or executive is responsible for their actions, errors, or omissions at the helm of the company.

Because it protects personal assets.

Because it covers defense expenses, which are often very high.

COVERAGES
  • ✔ Claims against executives

  • ✔ Claims against the company

  • ✔ Defense expenses

  • ✔ Reputation expenses

  • ✔ Bonds

  • ✔ Fines and penalties

REAL CASE?

The administrator of a company decides to build a new warehouse to expand the business. Due to a lack of diligence in obtaining information, the costs exceeded the budget for the project that the administrator had presented to the partners, and they are claiming the damage suffered.

A liability insurance of Administrators and Directors would assume the defense of the administrator and the compensation to which he is sentenced.

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