Directors & Officer's Liability



Directors and Officers, as defined in the New Companies Act, are personally exposed to claims arising from breaches, errors or omissions, breach of duties, failure to act with a duty of care.

The policy will provide cover for:

  • Breach of fiduciary duties, failure to act with a duty of care.

  • Damages measured against the failure to act with reasonable care and skill.

  • Violations of duties as prescribed in terms of the prevailing legislation.

  • The policy is designed to cover past, present and future directors, officers, prescribed officers and employees acting in a managerial or supervisory capacity. Cover may include awards and legal costs.