Directors & Officers Insurance without the Yada Yada
Reputational protection when it matters most- Mitigate risk to ensure director peace of mind
- Respond with confidence to legal challenges
Protection for business leaders
Being a company director or senior executive is no small job. Every decision you make carries weight, and sometimes, unexpected risks. According to the Companies Act, if you breach your fiduciary duty, you could be held personally liable. That means your personal assets, even your pension fund, could be at risk if things go wrong.
That’s where DialDirect Directors & Officers Insurance comes in. It’s designed to protect you against the legal and financial risks that come with leadership. With the right cover in place, you can focus on steering your business forward with confidence, knowing we’ve got your back when it matters most.
Why Do You Need Directors & Officers Insurance?
Taking on a directorship isn’t just a title, it comes with a fiduciary duty to act with care, skill and in the best interests of the company. And it’s not just expected, it’s required by law.
If a decision you make results in financial loss for the company, its shareholders or employees, you could be held personally liable. Defending yourself in these situations can be costly, and without the right protection, your personal financial security could be on the line.
What does Directors & Officers Insurance cover?
Protecting your leadership with tailored cover. We help you focus on what matters, making decisions with confidence.
Covers the damage that may be awarded to claimants if you’re found liable.
We cover the costs of defending covered claims against you, whether it’s an identity theft claim, a criminal case, or other legal proceedings linked to your business role.
If an insured event requires investigation, we’ll cover those costs, too.
Defence and investigation costs covered include
Make the most of your Directors & Officers Insurance with comprehensive support for legal challenges.
If someone pretends to be a director of your company and signs a third party into an agreement, we’ll help defend you if they try to hold your company responsible.
Cover for expenses incurred with our consent to mitigate or reduce the negative effect on a director’s reputation following a claim.
Expenses incurred by a shareholder against a director for a wrongful act, by way of a shareholder derivative action, on behalf of the company.
Coverage if you’re facing legal action over pollution or contamination.
Protection for legal costs in the event of criminal accusations.
Support if extradition proceedings are brought against you.
What is not covered?
While Directors & Officers Insurance offers extensive protection, certain exclusions apply.
Claims arising from deliberate, fraudulent, or criminal acts.
Claims linked to the company’s insolvency.
Activities outside the specified territorial limits in the policy.
Claims associated with providing professional advice.
Reasons to choose DialDirect Directors & Officers Insurance
Tailored cover to keeping you protected. We help you focus on what matters, running your business with confidence.
Reliable cover designed to protect both you and your business.
Expert help through every step of the claims process for peace of mind.
Our Directors & Officers Insurance is trusted by business leaders across South Africa.
DialDirect Business Insurance includes
Professional Indemnity Insurance
Protects against claims of negligence, errors, or omissions. Covers legal costs and compensation, safeguarding professionals like lawyers, accountants, and consultants from financial and reputational risks.
Frequently Asked Questions: