DIRECTORS AND OFFICERS
Directors and Officers (DO) is the name of the solution designed to protect the directors and senior executives of a company from possible issues related to its management.
This insurance designed for managers provides coverage for defense costs and compensation that may result from civil liability claims.
This solution is crucial for companies, because it protects directors, executives and administrators from legal risks associated with the performance of their functions. Without this protection, leaders may be exposed to significant legal costs and damages, which can affect both personal stability and financial stability.
The existence of a DO is also a great incentive for attracting and retaining talent. Experienced and qualified professionals are more likely to accept leadership positions in companies that offer this protection, as it demonstrates a commitment to the safety and well-being of executives. This also improves the company’s competitiveness in the labor market and contributes to a more robust and efficient corporate leadership.
GUARANTEES
- Insurance “three in one”, that is, coverage of three distinct sections:
- Liability of directors, administrators or other senior positions;
- Civil liability of the entity for employment practices;
- Civil liability of the entity itself.
- Coverage in Portugal and abroad;
- Coverage of the insured’s defense costs;
- Coverage of claims of an extrajudicial, judicial, arbitral or administrative nature.
