Directors Liability Insurance
Directors and officers of Sint Maarten companies can face personal liability for decisions made in their management roles. Directors and officers (D&O) liability insurance may help protect individuals against the financial consequences of such claims.
What this can help protect
Coverage options may include the following, subject to policy terms and underwriting requirements. Not all claims are automatically covered.
Personal Liability of Directors
Coverage options may include protection for directors and officers against personal financial liability arising from alleged wrongful acts in their management role.
Legal Defence Costs
May help cover the cost of defending claims brought against directors and officers, including regulatory investigations and legal proceedings.
Shareholder & Investor Claims
Coverage options may include claims brought by shareholders or investors alleging mismanagement, breach of duty, or misleading statements, subject to policy terms.
Regulatory & Compliance Actions
Some policies may help cover costs arising from regulatory investigations or enforcement actions against directors, subject to policy definitions and terms.
Employment Practices Claims
Coverage options may include claims by employees against directors for wrongful dismissal, discrimination, or harassment, subject to policy terms and underwriting.
Company Reimbursement Cover
Some policies include a company reimbursement section that may help cover costs the company has indemnified to its directors, subject to policy terms.
Ready to protect your directors?
Speak with a Compass advisor about directors and officers liability coverage options. Subject to policy terms and underwriting.
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Learn MoreCoverage availability, limits, exclusions, deductibles, and premiums depend on the carrier, policy wording, and underwriting requirements.