Director's and Officer's Liability Insurance Online (D&O)

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Get a Free Quotation in under 5 minutes by filling a short questionnaire. Get the best price without any obligations!

Why is it important?

Company Managers’ Liability may be unlimited for their decisions and actions taken within the scope of their regular duties.

RISKS

risks diagram

Benefits of D&O insurance cover

Protect managers' personal finance and assets
Helps to make brave decisions. Provides the security to take difficult decisions
Makes the Company attractive to the very best managers

About the D& insurance cover

WHAT IS COVERED?

+ Defense costs
+ Financial Loss including settlements
+ Governmental institution investigations
+ Civil and administrative fines and penalties
+ Public relations costs
+ Heirs and Estates cover
+ Crisis management
+ Outside directorships
+ Extradition proceedings
+ Losses at Subsidiary companies
+ Loss mitigation costs

WHAT IS EXCLUDED?

- Bodily injury and property damage
- Prior and pending litigations
- Fraudulent acts
- Pollution
More details about the scope of the insurance cover and the exclusions can be found in the policy wording

FAQ

Lloyd's currently enjoys an A+ rating from Standard & Poor's, AA- from Fitch and A from A.M. Best.
The ratings stated above are independent opinions of Lloyd’s financial strength and ability to meet its ongoing insurance policy and contract obligations.

It may take between 3 and 5 minutes by which time your quotation will be ready. Your quotation consists of: the insurance policy schedule draft, the offer, the policy wording, the completed application form, and the insurance product information document.

All the documents will be sent to you as soon as you make the premium payment. Documents will be automatically sent to you by email: the insurance policy schedule, policy wording, proposal form, and insurance product information document.

Insurance premiums are to be paid via the Paysera payment platform. Payment collections are facilitated with more than 10 000 local and foreign banks, and with VISA, MasterCard and Maestro cards. Payments can also be made via international payment systems, in cash and directly via Paysera.

All the premiums are transferred to a specially designated bank account which is operated according to Lithuanian Bank requirements. Account no. LT58 7300 0100 8556 0481, bank AB „Swedbank. AZA Insurance then passes ono the premium to Lloyd’s.

Yes, you can do it by sending a written cancellation notice to info@azainsurance.com

We will reimburse you that proportion of the paid premium representing the period of time from the date of cancellation to the natural expiry of the Policy Period calculated on a pro-rata basis. Please note that no return premium can be made if you have made a “claim” notification under the policy.

Notice of a claim, or of circumstances which may result in a claim, should be made in writing by email to claims@azainsurance.com. You should give written notice of any claim as soon as practicable and include all the relevant details of the claim or circumstance.

We will contact you within 3 working days to inform you of the next steps in the claims handling process. In certain situations an external lawyer or agent may be appointed to assist the insurer in handling the claim.