Directors & Officers Liability Insurance

  • Contact Us

    • The AIG Building
      58 Fenchurch Street ,
      London EC3M 4AB

      Tel: 020 7954 7000

      Fax: 020 7954 7001

  • The claims operation that underpins every AIG insurance policy is one of our greatest strengths.

Industry Insights

  • Risks facing Directors & Officers
  • Reprint from Financier Worldwide Magazine
  • Continued economic turbulence, a sharpened focus on fraud and a raft of new regulations increase the market risk for directors and officers. Greater accountability and responsibility is a fact of corporate life. To avoid the adverse consequences of litigation and personal liability, compliance programs and risk mitigation strategies must be examined and enforced with renewed vigour, along with other strategies that directors and officers can employ to manage threats and protect themselves. Read more >
  • A guide to Directors' & Officers' Liability in Europe
  • Reprint from Strategic Risk Magazine
  • Directors experienced three shockwaves from the 2008 global financial crisis: the immediate consequences, the knock-on effects and the new environment that emerged. Read more >

We've seen a growing number of D&O claims across industries and jurisdictions; this trend is set to continue. The 60% increase in claims notification that we've experienced between 2007 and 2011 sets the tone.

More than just financial protection, our D&O clients benefit from access to the resources and expertise of one of the UK's most experienced financial lines claims teams, as well as the local knowledge and expertise of our global claims personnel.

Legal actions can be protracted and stressful, given that there’s a lot at stake: the threat of reputational damage, settlements, loss of personal assets, disqualification or even prison in extreme cases.

Against determined opponents, it’s important to have confidence in the strength of your own team. AIG companies have long been at the leading edge. We’ll have seen similar cases before. We know the steps to take and understand the legal background and processes.

Our claims response may mean preparing directors for what they might face during questioning, while meeting the high costs of quality legal representation throughout. Another approach may be to actually head off an investigation in advance by employing professional advisors to proactively report concerns about possible breaches to regulators.

If our clients are caught unawares by sudden regulatory actions like a dawn raid, our claims team knows the importance of immediate professional support. Even if there’s no time to contact us first they can access pre-approved emergency limits to pay for this advice.

Our clients know that, no matter what the type of claim is, our highly experienced D&O claims handlers will work closely with them and their selected defence teams to resolve the claim as quickly and as painlessly as possible.

US actions

U.S. securities actions are invariably complex; involving several parties and huge amounts as they can run on over years. Importantly, we handle US originating D&O cases locally, drawing on our expertise on both sides of the Atlantic.