Specialism · D&O
Directors’ and officers’ liability (D&O): your personal assets are not the company’s guarantee.
Protection for managing directors, procurators and board members against claims over management decisions — from shareholders, creditors, insolvency trustees and public authorities.
A D&O policy covers defence costs and the damages that directors owe personally because of their management acts or omissions. Claims often come from an insolvency trustee, from shareholders, creditors or public authorities. The cover is for the individuals, not for the company itself.
What it covers
- Lawyers’ and experts’ fees
- Damages and settlements
- Regulatory investigations
- Claims in insolvency
Who it is for
- Managing directors and boards of directors
- Companies with outside investors or bank financing
- Listed and regulated companies
- Holding companies with subsidiaries
What we need for a quote
- Annual financial statements
- Ownership and management structure
- Information on current or expected claims
- Activities and markets (including the US)
Questions and answers
Isn’t it enough that the company is liable?
No. Directors are also personally liable — to the company, to creditors and in insolvency. Their personal assets can be at stake.
Who does the policy cover?
Current, former and future managing directors, board members and procurators — and often employees with management functions.
What does it not cover?
Deliberate criminal acts, personal gain without legal entitlement, and fines that by law cannot be insured.
Next step
Request a quote
Briefly describe your business and what you would like to insure. A broker will contact you within one working day.
- Phone
- 0883 990 906 · Viber
- info@inscenter.bg
- Address
- 46 Akad. Stefan Mladenov St., office 13A, floor 6, section A, Sofia
- Opening hours
- Mon – Fri, 9:00 – 17:00
