Directors & Officers Liability Insurance

Directors & Officers Liability Insurance provides your directors and officers with personal liability and financial loss coverage from wrongful acts committed, or allegedly committed. 

Scope of Cover

  • Cover litigation brought by stakeholders against directors and officers where there has been an allegation of a breach of duty or breach of law
  • Provide umbrella cover to all the directors and officers of the holding company and all subsidiary companies. The insurance can also extend to joint venture or associated company board positions
  • Cover all the current, past and future directors and officers on an unnamed basis
  • Respond to litigation arising out of a broad range of business activities including IPO or other debt or equity initiatives, M&A, financial reporting & other statutory obligations and corporate failures
  • Pay legal defence costs, including the advancement of defence costs as well as settlements and judgments awarded by the court for indemnified claims

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About Us

Advocate Insurance Brokers Limited (AIB) was registered in Nigeria as an Insurance Broker in 2011 by the Corporate Affairs Commission (CAC) to transact all classes of insurance business covering; Employee Benefits Insurance, Insurance on Physical Assets, and Liability Insurance among others.

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