Directors and Officers Liability Insurance

The Leading Broker in Zimbabwe

Directors and Officers Liability Insurance

At Firstlink we strive to always offer clients relevant, current and the best coverage solutions available globally.

Directors and officers (D&O) liability insurance is intended to protect individuals from personal financial losses if they are sued because of serving as a director or an officer of a business.

The policy covers the costs (inclusive of legal costs) that directors shall become legally liable to pay in respect of losses arising from their conduct of the company business including:

• Legislative breaches – e.g. Companies Act,
• Abusing powers, or acting contrary to the company’s Memorandum
Articles of Association
• Disputes arising from mergers and acquisition activity
• Action arising from potentially libelous or slanderous statements made by directors
• Wrongful acts perceived or otherwise that directors maybe sued for by
shareholders.