In IBERIAN we are also specialized in insurance for D&O (Directors & Officers), a very specific type of Civil Liability that protects the members of a company’s administrative body, and the people in the company who hold management positions.
The most common coverages in our D&O policies are
- Liability of Directors and officers of the company
- Reimbursement to the company
- Special excess limit for the parent company’s board of directors
- Special excess limit for non-executive directors
- Bonds
- Research expenses
- Heirs, legal representatives and spouses
- Reimbursement by the company of shareholders’ legal expenses
- Representatives in external entities
- Run off for outgoing insured persons
- Internal lawyer
- Advice on image restoration
- Advice and risk management in crisis situations
- Psychological assistance
- Bankruptcy guarantee costs
- Emergency expenses
- Fines and sanctions
- Related persons
- Deprivation of property
- Extradition procedures
- Protection of rights
- Responsibility as founder of the company
- Subsidiary tax liability
- Response to a regulator
- Occupational safety and health and corporate homicide
- Director legal entity in a subsidiary or external entity
- Administrator legal entity in the policyholder
- Bankruptcy legal advice
- Defence costs for legal person in criminal proceedings
- Creation of criminal bonds
- Professional disqualification
- Internal research expenditure
- Management buy out (mbo) in subsidiaries
- Improper employment practices (coverage for the company code)
