Directors & Officers Liability Insurance policy (D&O) provides protection for the personal liability of directors and officers from the claims of those parties who suffered as a result of directors` illegal, inappropriate behavior or misconduct on the job.
Who is covered by the insurance policy:
Directors / (branch / regional / other);
Officers (financial, operational and other - CEO, COO, CFO);
Heads of departments;
other officials, who take on managerial decisions.