Directors' and Officer's liability insurance
Written by Marco van Hensbergen
In most countries companies have their own legal personality (for example based on art. 2:3 BW / Dutch law or part 2 item 15 Companies Act 2006 / “UK law”) and have the capability of holding rights but also obligations as if they where a separate person.
Due to this legal personality companies are able to own assets, enter into contracts, hire employees and preform business in a way where its own liability and the liability of its individual members (shareholders) is separated from each other. The liability of the shareholders is most commonly limited by the amount of the shares or a guarantee.
Although companies have their own legal personality and shareholders have limited liability there is an additional party that can be held accountable namely the directors and officers of the company.
FIIS explains considerations for D&O structuring
Written by Marco van HensbergenWe have created a quick reference guide to the structuring of directors' and officers' liability insurances which will enable you to quickly establish what the various common options are and which considerations could be to taken into account.
You can either view the quick reference online or download it for your convenience.
We have created a quick reference guide to D&O insurance which will enable you to take a quick peek at the most relevant items in D&O insurance.
You can either view the quick reference online or download it for your convenience.
