ACE Online Directors & Officers Liability
Directors & Officers (D&O) insurance protects directors, officers and other people with managerial responsibility from legal and other costs they may become personally liable to pay as a result of litigation. Actions against these managers can be brought by various parties including shareholders, government bodies, regulators, liquidators/receivers, creditors and other third parties.
ACE Online can accommodate companies with assets up to €250 million in a wide range of trades. The policy extends to include defence costs arising out of criminal and regulatory investigations. It is written on a claims made basis and offers wide cover including:
- Emergency defence costs and legal representation expenses
- Retired director or officer cover
The policy can be extended to include cover for the company itself under certain circumstances, including health & safety investigations and employment practices liability claims.
Product benefits
- Fully supported by experienced and professional underwriters who are on hand to help quickly with quotes and technical questions.
- The Elite IV policy provides one of the widest covers in the market.
- ACE was one of the first insurers to offer D&O cover and has long experience and in-depth knowledge of the issues facing directors and officers in today’s legal environment.
- We have a local dedicated claims team that specialises in financial lines.