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There are good reasons to consider Directors and Officers Liability insurance from AIG


Directors and officers face personal liability for their actions when performing their managerial functions. Our D&O product covers all the directors and officers of a company from liability in the event of a claim, lawsuit or investigation against them claiming wrongdoing in connection with the company's business. In addition to that, it also covers the loss of each company arising from securities claims.

Why boards and senior management need D&O

Administrators, managers and directors of any company, regardless of its size or activities, carry significant responsibilities in relation to the way they conduct themselves and justify the trust placed in them. This may result in claims against them for actual and alleged breach of duty, neglect, misstatements, errors and omissions.

Taking the pain out of investigation

There is a growing number of governing bodies or authorities who can investigate a company and today more attention is being focused of smaller companies. Even if an individual is not yet personally under investigation, immediate expert legal guidance can help and perhaps stop the situation becoming more serious.

Shared responsibility

As directors and managers are between them jointly and severally liable, an error on the part of one can have financial and personal consequences for the others, who may have acted completely correctly. Strong cover, that ring-fences the cover individuals can receive, can help build the confidence required to work together.

Personal and professional responsibility

Actions against the company and its management can involve a high degree of personal liability for the individuals. With potential penalties that range from hefty fines, all the way to disqualification and possible imprisonment, the need for an immediate and effective response to any threat is clear.

The best possible defence

Investigations and court cases are time consuming and very expensive. D&O cover from AIG assures its protected that they will have the highest quality legal representation and assistance from the first moment that an action commences.

Protection that responds to the world

AIG is the world leader in D&O insurance and we ensure our clients are protected against new and emerging types of risk, updating our cover regularly. This expertise extends to the support of our claims teams, who can draw upon the experience of our world-wide network.

Directors and officers of companies of all sizes and industry. Our D&O product is tailor made to suit associations, commercial public and private companies as well as financial institutions.

AIGLuxembourg@AIG.com

Virginie Kallen (Claims Handler)
Email: AIGLuxembourg@AIG.com
Tel: +352 44 30 32 20
Fax: +352 44 31 07

How to purchase a product

All our products are available for purchase through Insurance Brokers. Please contact your broker for more specific information on our products.

Customer Service

AIG Europe Limited

10B rue des Mérovingiens
L-8070 Bertrange
LUXEMBOURG
Tel No: +352 44 30 32-1
Fax No: +352 44 31 07