Individual Directors

Being a director or an officer of a company can place individuals at high personal risk. Directors’ personal liability for the legal and correct performance of their fiduciary duties to their companies is unlimited.

In the past company directors have often felt that they could rely on the company they manage being considered to have separate legal assistance and limited liability. There have been numerous instances where courts have ignored the separate legal status of the company and have convicted director and promoters of the company.

Both Indian and International laws contain provisions wherein Directors can be held personally liable for the acts done by them while discharging their duties as Directors of the Company.

In addition to being exposed to enormous legal liability Directors are also vulnerable to kidnap ransom and extortion. 

We arrange insurance solutions for individual Directors that include:

Directors and Officers Liability
Keyman Insurance
Kidnap, Ransom and Extortion