Directors and Officers – BusinessGuard

BusinessGuard - Directors and Officers Insurance - is an unique insurance product designed for SME companies, which covers personal liability of statutory and supervisory authorities (member of the board of directors, member of the supervisory board, executive officer) arising from its executive position in the company for a claim made against insured person. The liability of board members is unlimited and solidary by law. The insurance is drawn up to cover not only loss / indemnity but also defence costs of legal representation of insured persons. BusinessGuard scope of cover automatically includes under the insured persons also employees with managerial or supervisor position in the company or in the subsidiary and is concluded with worldwide cover.