Business Protection
Protection for the people making business decisions.
Trusted Union helps companies review directors and officers liability insurance in the context of management decisions, shareholder interests, employment risk, regulatory exposure and business growth.
Directors and officers make decisions that affect employees, shareholders, investors, creditors, clients and regulators.
If a claim is made against an individual director or officer, personal exposure can arise from allegations relating to mismanagement, breach of duty, employment decisions, regulatory matters, financial reporting, shareholder disputes or company governance.
Directors and officers liability insurance, often referred to as D&O, can help protect directors, officers and senior decision-makers against claims arising from the management of the company, subject to the policy terms and exclusions.
Trusted Union helps companies review D&O insurance in a structured way. We consider the company’s ownership structure, board composition, investor profile, financial position, employee headcount, contractual obligations, regulatory environment and insurer appetite, then help assess whether the current cover remains suitable.
Key Areas of Cover
How we support you across the area.
01
Individual Director Protection
Helps protect individual directors and officers if claims are made against them personally.
02
Company Reimbursement
May reimburse the company where it is legally permitted or required to indemnify directors or officers.
03
Employment-Related Claims
Some D&O or management liability programmes may include certain employment-related allegations.
04
Regulatory Investigations
May help respond to certain regulatory investigations or inquiries, subject to wording.
05
Shareholder and Investor Claims
Claims may allege mismanagement, breach of duty, misleading statements or failure to act appropriately.
06
Private Company Management Liability
D&O can be important where founders, directors or senior managers face personal exposure.
Who It May Be Relevant For
- Private companies
- Founder-led businesses
- Companies with external investors
- Regional businesses
- Subsidiaries of multinational groups
- Companies with boards or advisory boards
- Businesses with senior management teams
- Professional services firms
- Companies with creditor, shareholder or lender exposure
- Businesses preparing for fundraising, acquisition or expansion
- Larger corporate groups with complex management structures
What Trusted Union Reviews
A structured review, item by item.
Where the information is available, a review typically looks across the following.
- Company structure
- Ownership and shareholder profile
- Board composition
- Investor or lender requirements
- Annual turnover and financial position
- Employee headcount
- Countries of operation
- Subsidiaries and related entities
- Regulatory exposure
- Employment practices exposure
- Prior claims or disputes
- Policy limit and deductible
- Side A, Side B and Side C structure where relevant
- Defence costs provisions
- Investigation costs
- Exclusions
- Insured versus insured wording
- Insolvency considerations
- Insurer appetite
- Renewal terms
- Whether the policy reflects the current business structure
The Trusted Union Approach
Business insurance structured around real commercial risk, contracts and continuity.
Why It Matters
Why a structured review matters.
D&O insurance is often overlooked until the company is facing a major change. A business may be raising capital, taking on investors, expanding internationally, entering new contracts, facing employment disputes, restructuring, borrowing money or preparing for sale.
For larger or more complex organisations, D&O also needs to be reviewed as the business changes. New subsidiaries, new jurisdictions, new investors, board changes, regulatory exposure and financial pressure can all affect the suitability of the policy.
Important Considerations
Personal Exposure
Directors and officers may be personally named in claims relating to company management decisions.
Defence Costs
Even disputed allegations can create significant defence costs.
Company Indemnification
The relationship between company indemnification and insurance protection should be clear.
Investors and Lenders
External stakeholders may expect suitable D&O cover to be in place.
Changing Risk Profile
Fundraising, expansion, insolvency pressure, employment disputes and regulatory scrutiny can increase exposure.
Policy Wording
Definitions, exclusions, investigation costs and insured-versus-insured provisions vary significantly.
Why Trusted Union
Advice held to a consistent standard.
Advisory-Led Review
We help companies understand the management liability risk behind the policy.
Founder and Board Perspective
We review D&O from the perspective of founders, directors, officers, investors and senior decision-makers.
Market Access
We work with local and international insurers suitable for different structures and risk profiles.
Renewal and Change Awareness
We consider changes in ownership, funding, operations, headcount, financial position and jurisdictions.
Support Across Business Sizes
We support founder-led companies, professional firms, regional businesses and larger corporate groups.
Common Questions
Questions we’re often asked.
What is directors and officers liability insurance?
Directors and officers liability insurance helps protect directors, officers and senior decision-makers against claims arising from the management of the company, subject to policy terms and exclusions.
Is D&O insurance only for listed companies?
No. Private companies may also need D&O cover, especially where they have investors, lenders, employees, regulatory exposure, creditors, subsidiaries or significant management decisions.
Can directors be personally sued?
Yes. Directors and officers may be personally named in claims relating to alleged mismanagement, breach of duty, employment matters, regulatory issues or shareholder disputes.
What is Side A, Side B and Side C cover?
Side A generally protects individual directors and officers where the company cannot indemnify them. Side B reimburses the company where it indemnifies directors or officers. Side C may provide certain cover for the company itself, depending on the policy.
Does D&O cover employment claims?
Some D&O or management liability policies may include employment practices liability cover, but this depends on the policy wording and insurer.
When should a company review D&O cover?
D&O should be reviewed before renewal and whenever the company changes materially, including fundraising, new investors, expansion, restructuring, acquisitions, board changes or significant employment issues.
Can Trusted Union review our existing D&O policy?
Yes. We can review current policy terms, limits, exclusions, renewal terms and insurer options to help assess whether the cover remains suitable.
Request a Confidential Review
Request a Confidential Review.
Start with a structured conversation about the area of insurance you would like to review.
Request a Confidential Review