For directors personally, certain insurance claims carry exposure that goes beyond the company's balance sheet and reaches their own assets and reputation. Management liability and directors-and-officers cover is meant to protect individuals against claims arising from their conduct in office, but its protection is conditional, riddled with exclusions, and vulnerable to erosion by company indemnification limits, insolvency, and conduct carve-outs. The risk to a director is discovering, often in the middle of a crisis, that personal cover is narrower or more contested than assumed. This report explains how claims affect directors personally in your chosen jurisdiction and industry, the directors-duties, indemnification and D&O frameworks that determine personal exposure, the indicators that individual cover may be compromised, the impact ranges that personal liability claims can reach, and when to engage personal coverage counsel, brokers and the individual protections within a D&O programme so directors understand their own position distinct from the company's.
Reference material for informed readers, not advice.
