Directors and Officers (“D&O”) Liability

Bryte’s leading D&O wording offer broad coverage for pre-claim events and a broad definition of financial loss, which now includes corporate taxes owed by the company and corporate employees’ wages (to the extent that D&Os are personally liable and not as a result of an intentional, criminal or wilful act to breach any statutory or contractual duty).

Coverage also includes:

  • Civil, administrative or regulatory fines and penalties for D&Os and outside entity executives
  • Derivative demand investigations costs, resulting from a security holder derivative demand
  • Investigations commenced by an arrest and detainment or incarceration in a foreign jurisdiction
  • Overseas travelling and kidnap response costs
  • We will look at all risks and industries on an individual case-by-case basis