Company managers can be held legally responsible for mistakes made in the performance of their work.
Allianz Global Corporate & Specialty's (AGCS) Directors and Officers Liability (D&O) Insurance provides cover for company managers to protect themselves from claims made against them. The risks we insure include prospectus liability and employment practices liability. What's more, D&O insurance can also reimburse the insured company if it has paid on behalf of its managers to settle claims from a third party.