Directors’ & Officers’ Liability Insurance

The law states that managers, with their personal assets, are liable for their actions and failure to act in business, to the extent that there is a claim for damages. Zurich D&O Liability Insurance is a customized solution that assumes this liability.

Coverage and extensions of coverage

• Zurich D&O Liability Insurance protects managers’ personal assets in the event of claims arising from the insured person’s relationship to the company  
• Spouses, registered partners, heirs and legal representatives are also insured where claims are made against them for actions or failure to act on the part of the insured person
• Coverage can be extended to the company and its subsidiaries if these have indemnified a director or officer
• In the event of claims, Zurich pays any due compensation and defense costs

Zurich D&O Liability Insurance meets the quality standards of the Swiss Institute of Board Directors and Managers (SIVG).

• The effective Directors’ & Officers’ Liability Insurance is the prerequisite for putting the best people into management roles in your company and for providing comprehensive protection against claims
• Willful breach of duty and unlawful enrichment are not insured
• Bodily injury and property damage are not insured under Zurich D&O Liability Insurance