As a company director or officer, you can be held personally responsible for acts or omissions committed in the discharge of your duties or for losing or mismanaging corporate assets.

Consider all the lawsuits, unjustified dismissals and financial problems that stem from mergers and acquisitions, transfers, sales and corporate reorganizations.
With so much to lose, our Directors and Officers Liability is a policy you can’t do without.

Available Products

AXA offers specific Directors and Officers Liability Insurance wordings for:

Corporations
Educational institutions
Risk capital organizations
Non-profit organizations (NPOs)
Pension and benefit plans
Job practices
Small businesses

A number of these products also protect the company.
AXA covers compensatory damages stemming from wrongful acts committed by company directors and officers in the discharge of their duties, i.e.: errors and omissions, negligence, breach of duty, false statements, other acts actually or allegedly committed by said directors and officers, and other claims made against them in their capacity as administrators or officers.
During the term of the policy, this coverage applies to former directors and officers and to all directors and officers appointed after the policy takes effect for acts committed in the discharge of their duties.
AXA’s Directors and Officers Liability Insurance covers claims reported during the policy period. Coverage also extends to prior acts.