Directors and Officers Liability Insurance
In an increasingly litigious world, your company’s officers and board of directors are personally at risk to incur financially crippling lawsuits, making it difficult to attract top-tier talent.
These vulnerabilities to risk may arise from the very qualities - initiative, vision, and business strategy - for which you hired them.
Invaluable Individual Coverage
Directors and Officers (D&O) Liability Insurance provides your executives personal liability and financial loss protection from wrongful acts committed - or allegedly committed - in their capacity as corporate officers.
Directors and Officers Insurance Policy Design
Aon will help you design and implement a Directors and Officers Liability Insurance policy that fits with your business, by identifying your corporate and personal exposures to liability. We then create a program that incorporates risk mitigation recommendations as well as the broadest D&O insurance coverage available.
Directors and Officers Insurance Fills Your Risk Gaps
Although your company is legally permitted to cover personal liability costs resulting from an executive’s activities, indemnification may not apply to every situation. In some cases, the financial liability is the sole responsibility of that executive. Directors and Officers Liability Insurance fills these gaps, protecting personal assets.
Decades of D&O Insurance Services Development
For nearly 20 years, Aon has championed the progression of Directors and Officers Liability Insurance. In fact, Aon professionals first developed many D&O products that are now industry standards.
Aon’s exposure modelling service, the D&O Decoder, provides data and analytics on your securities class action exposure, including the probability of the event occurring, the nature of exposure and peer comparison. The model runs 250,000 simulated class actions based on data sourced from Australian historical class actions and traces the impact to your share price and resulting claims. The outputs of the model can help inform the decision-making process with respect to proposed reductions in your insurance programs.