Date post: | 09-Feb-2017 |
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Services |
Upload: | anthony-chin |
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Directors and Officers
Liability Insurance
Your actions may have consequences...
That lead to lawsuits
From all directions
We can help
Directors and officers of companies make decisions everyday that no longer simply affect the success of their companies and their own careers. These decisions carry the risk of personal litigation and unlimited financial liability as a result of their consequences.
The sources of litigation against directors and officers are wide-ranging and on the increase.
Actions against directors come from….
Employees
Regulators
Suppliers
Customers
Directors
Shareholders
Main areas of exposure
Shareholders
Employees
Regulatory Bodies
Customers
The chance of litigation increases in frequency
following merger and acquisition activity and
company liquidations.
Who is exposed?
In Asia, the sources of litigation against directors and
officers are wide-ranging and on the increase. All
directors and officers involved in the management of
any company are personally exposed. This insurance
is not only applicable to publicly listed companies,
but also to private and non profit organizations.
How are they exposed?
What are the consequences?
We understand this
The benefits
Subsidiary coverage
Associated Company Coverage
Securities claims against the company (optional extension)
Heirs, estates and legal representative extension
Jointly property liability extension
(formerly known as Chartis Malaysia Insurance Berhad)
Penang
Kedah
Perak
Selangor
Melaka
Johor
Pahang
Sabah
Sarawak
AIG in Malaysia