Articles
- Details
- Hits: 2288
Do companies need Directors and Officers Liability Insurance?
Quite often, companies are exposed to threats from both external and internal sources. These threats often result in legal suits and complainants which can be detrimental to the reputations of the companies. Some examples of such legal suits, complaints, and investigations can be from employees, creditors, shareholders, customers, suppliers, competitors, and even regulators. Recently more companies are getting D&O Liability Insurance to protect the interests of their companies. What is this insurance for the companies and for its key appointment holders?
Contributed by: Phua Ser Jin- Grinweiv