Directors and Officers Liability Calculator
Claims against directors and officers are becoming increasingly common. Your business and its directors and officers could be sued by customers, current or former employees, competitors, regulators, creditors, suppliers or even investors. What’s more, this can happen even if your company is not a large, publicly-traded organisation.
The cost of defending directors and officers (D&O) claims can run well into the six figures, leaving a business financially crippled. Even worse, your directors and officers put everything they have on the line, because in the event of a D&O liability claim, even their personal assets may be at risk. As a result, D&O liability insurance has become an essential component of most businesses’ insurance portfolios.
To help businesses better understand the level of risk their directors and officers face, Abbey Bond Lovis Ltd has developed this Directors’ and Officers’ Liability Calculator.