ANNUAL REPORT
SUGGESTIONS AND QUERIES
Call us 432 2922
VISIT OUR OFFICES
1st Floor
Oliaji Trade Centre
Francis Rachel Street.
Victoria, Mahe

Opening Hours
Mon-Fri 08h30 - 16h30
Mauritius Union Branch
HOME
BUSINESS SOLUTIONS
DIRECTORS AND OFFICERS LIABILITY
The Risk

As a Director of a company, are you willing to risk your personal assets?

Directors and officers of a company have a duty of care in overseeing the activities of the company they are serving.

What if shareholders, regulators, customers, business partners, or any other third party file a lawsuit against you for poor business decisions, breach of duty, misstatement, error or omission in your capacity as director or officer of the company?

Did you know that directors or officers can be held personally liable, that ignorance is not a defense, and that resignation is not necessarily a defense?

Our Solution

Our D&O insurance is a legal liability policy which provides cover for "wrongful acts" (as defined) made by a Director or Officer of a Company whilst engaged in such capacity.

The policy will pay, on behalf of the directors and officers, for losses (including defence costs) if the directors and officers become legally obligated to pay such losses and are not indemnified by the Company.

The policy will also pay for losses, on behalf of the Company, if the Company grants indemnification to the directors and officers, as permitted or required by law, after the directors and officers have become legally obligated to pay such losses.