Wishing all our clients and business partners a very happy festive season, and we look forward to a happy 2023.
It’s common to assume that a company’s D&O insurance policy will automatically cover a director or executive. Unfortunately, this isn’t always a safe assumption to make. It’s wise to seek confirmation about the adequacy of a D&O policy before you need to make a claim. Or it may be far too late.
Our recommendation is to review all of your D&O coverages every year.
Based on our experience of advising Luxembourg-based directors and executives, we have summarised the 10 most commonly incorrect assumptions about D&O insurance protection.
As an approved Insurance Partner of id Linked we are delighted to offer id Ship members a 10% policy discount for the Talisman Individual Executive Protection (TIEP) policy. The TIEP policy provides individual Directors & Officers (D&O) insurance, to help protect an executive’s personal wealth and reputation.
The TIEP policy is complementary to an entity D&O policy:
- It gives instant response and flexible support
- Is Luxembourg compliant
- Is subject to Luxembourg law.
Please contact us to learn more about the policy benefits and our special rates. T&C’s apply.