Directors and officers liability
Financial institutions have to operate within a growing array of complex laws, rules and regulations, which increase the potential for litigation and consequent loss.
Chubb provides market leading directors and officers liability insurance providing crucial protection to the company and its senior management against claims of wrongdoing from shareholders, employees, competitor companies, the government and a myriad of others.
- Our highly experienced underwriting team offer brokers guidance and the ability to tailor cover to suit the individual business needs.
- Global network of underwriters and claims professionals
- Broad definition for 'wrongful act' offers businesses greater protection
Our standard policy has a broad definition of wrongful acts and will pay for:
- Damages, judgments, expenses and defense costs
- Costs of legal representation
- Losses incurred within 30 days of management buy-outs of a subsidiary
- Costs arising from extradition proceedings
- Tax contributions where the company has become insolvent and there is personal liability of an insured director
- Actions between directors of a company
- North American exposures
We’re experts in directors and officers liability for financial institutions – and we care about your business
Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in directors and officers liability cover means we can provide the guidance and service you need, whenever you need it, wherever you may be.
Partnership that’s personal
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.
Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.
