Some reasons for having the right Directors & Officers Liability Insurance in place


Directors & Officers liability insurance is a type of business insurance which provides financial protection for directors and officers of a company in the event that they are liable to pay damages or legal costs for misconduct or wrong doings (including negligence) in connection with the company’s business.

Under company law Directors and Officers may be held liable personally to all parties with an interest in the affairs of the Company. Directors and Officers Liability Insurance is a form of Professional Indemnity cover for Company Directors and Officers. D & O insurance is  payable to the directors and officers of a company, or to the organization itself, to cover damages/defense costs suffered as a result of a lawsuit for alleged wrongful acts while acting in their capacity as directors and officers for the company.

D & O Liability Insurance Policy benefits available from Wexford Insurances on request include;

  • Infringement of duty
  • Breach of trust
  • Neglect, inaccuracy or exclusion
  • Misleading statement
  • Mismanagement
  • 24hrs worldwide
  • Breach of contract
  • Mergers and acquisitions
  • Former directors and officers
  • Disability discrimination act
  • Racial/sexual/age discrimination
  • Pollution
  • EU regulations and directives
  • Breach of warranty or authority
  • Legal defence costs
  • Compensation awards
  • Settlements
  • Investigation expenses
  • Consumer protection
  • Insolvency act
  • Data protection act

Some reasons for having the right Directors & Officers Liability Insurance in place;

  • Personal assets of Directors and Officers can be accessed by authorities.
  • Directors do not enjoy limited liability.
  • If a company goes into liquidation it cannot indemnify you.
  • The company laws apply to companies both small and large.

If you would like to find out more about costs and cover to protect your company’s directors and officers from financial loss, or any other insurance needs you may have, please contact Wexford Insurances on;

Tel: 0818 31 30 30


Or call into us at;

Wexford Insurances
86 South Main Street
Wexford Town

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