The directors and officers of a company including managers, directors and supervisors can face allegations and claims for which they could be personally liable. Even if the company has limited liability, the personal liability of a director or officer is unlimited.

Directors and Officers (D&O) Insurance provides liability cover for company managers to protect them from claims made against them while performing their company duties. The main purpose of a D&O policy is to pay for defence costs and financial losses in the event of claim made against them.