- Project plans
- Project activities
- Legislation and standards
- Industry context
- Specialist wikis
Last edited 25 Nov 2020
Directors and officers insurance
Directors and Officers (D&O) Insurance provides insurance cover for company directors and protects them against claims made against them and which arise from actions taken by them on behalf of the company whilst under their direction.
Directors are usually automatically indemnified by the company itself for any failings that may occur in the execution of duties whilst a D&O policy, paid for the by the company, will protect against a wide range of third party claims.
Claims against directors can arise from a variety of sources, for example shareholders or employees. In the case of large public companies D&O cover is vital as it would be unrealistic to expect a director to be intimately acquainted with every facet of the business. Potential liability can arise from a variety of directions, so insurance cover of this nature is essential not only to protect directors but also to assist in the recruitment of new directors from time to time.
Directors cannot insure themselves against being found guilty of criminal actions whilst executing their duties as a director. So D&O insurance would not extend to providing cover in the event that a director was found to have permitted the company to trade whilst insolvent.
 Related articles on Designing Buildings Wiki
Featured articles and news
BG 50 & VDI 2035 – your questions answered.
Will the way we heat homes change when winter comes ?
Can XR technology be leveraged in design & construction?
Or are you capping.
Digital gaming competition for UK students aged 16 to 18.
Heritage protection in England vs Australia.
Three-quarters of fire doors fail inspections
The role of geoparks, biospheres and world heritage sites.
Just one month to go ! Find out more here.
A new gallery for the University of Huddersfield.
What will it take to stop it ?
To celebrate world bee day 2022 !
Not forgetting part F and the new part overheating part O.
As energy prices jump up in cost.
With people in the UK from Ukraine.
Industry leader Steve Murray takes on role.
An abundant and versatile building material.
600,000 heat pump installations targeted per year by 2028.
Helping prevent those unwanted outcomes.
How has transport changed due to Covid-19 ?
Will you need it ? after June 15 and the new Part O ?