Directors and officers today are confronted with greater responsibilities and stricter regulatory requirements concerning Fiduciary Duties, Statutory Duties, and Common Law Duties. They require assurance of coverage to safeguard them against the financial burdens of litigation, reputational damage, and the potential loss of personal assets.
This policy is specifically designed to protect directors and officers of companies against personal liability for claims made against them, arising from the performance of their managerial or supervisory duties.
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