Directors & Officers Liability Insurance

 

Protecting you and your company

 

Comprehensive Coverage for Your Leadership Team

In today’s highly regulated environment, organizations face an increasing need to safeguard their directors, officers, and managers against a broad spectrum of exposures. Decisions impacting shareholders, employees, customers, or creditors, as well as breaches of regulatory compliance, can lead to lawsuits that may leave individuals personally liable. In Asia, it is not a well understood area despite the risks facing the personal wealth of the individual concerned.

At Lockton, we thrive to design Directors and Officers (D&O) insurance to provide comprehensive protection. This coverage not only shields individuals from personal liability but also protects the organization. We can tailor your policy to respond to your specific needs and concerns. With your D&O insurance, you can ensure that your leadership team is well-equipped to navigate the complexities of their roles while minimizing risk and focus on their key role: making your business a success.

The insurance market is constantly evolving, with insurers adjusting to shifting dynamics. Despite frequency and severity of claims, many insurers are eager to provide their solutions. These standard policies are probably not suitable for your own needs. Engaging with expert risk advisors can make a difference at time of claims, having designed the right coverage.

For executives in Asia, D&O insurance should not merely be viewed as a compliance checkbox. Every organization has a unique risk profile that must be thoughtfully evaluated. It is essential to understand your cover, its exclusions and also what information must be disclosed to maintain coverage.

At Lockton, we believe that being proactive and informed is vital to securing meaningful, tailored protection. Our expertise ensures that your organization’s needs are addressed, providing confidence to your leadership team in an increasingly complex risk environment.

Discover the essentials of D&O insurance

Explore the D&O overview :

Our Products and Services

  • Employment Practices Liability (EPL)
  • Fiduciary liability
  • Cyber Liability
  • Crime Insurance
  • For companies listed on exchanges, a Prospectus Liability should be bought
  • For SME, a package product can be considered: Management Liability, which can include D&O, EPL, Professional Indemnity Insurance, etc

联系我们

Frederic Boles
Regional Head of Professional Executive Risks & Credit – Asia
frederic.boles@lockton.com

錢一心 Melody Qian
大中华区高级副总裁- 全球专业与金融风险服务
+852 2250 2672
melody.qian@lockton.com

唐嘉慧 Terry Tang
大中华区高级副总裁- 全球专业与金融风险服务
+852 2250 2823
terry.tang@lockton.com

顾征 Darwin Gu
高级副总裁- 上海公司负责人
+86 21 5081 2338 EXT 818
darwin.gu@lockton.com

Director and Officers Liability Insurance FAQs

Why are D&O insurance premiums surging in Asia, and how does this affect companies?

D&O insurance premiums in Asia are rising due to increased litigation and class action lawsuits, prompting insurers to reassess their risk exposure. This trend forces companies to adapt their risk management strategies and seek tailored coverage. The higher costs can strain financial resources, impacting budgeting and strategic decision-making.

D&O policies typically cover legal defence costs, settlements, and judgments for wrongful acts. However, they often exclude fines, regulatory penalties, and claims arising from fraud or deliberate misconduct. It’s essential to review policy terms closely to ensure adequate protection.

D&O insurance is crucial not only for large public firms but also for private companies and SMEs. Directors in smaller organizations face personal liabilities that can jeopardize their assets. Securing appropriate coverage is vital regardless of company size.

Determining the right coverage involves assessing your company’s risk profile and potential claim amounts. Understanding the differences between Side A (personal), Side B (company), and Side C (entity) coverage is key. Expert guidance can help tailor a policy that balances cost with robust protection.