Protection against claims made to Directors and Officials of the company on the reimbursement of financial (economic) losses, as a result of mistakes arising out of or related to acting in their managerial capacity.

Intended for

  • Small, medium and large national and international commercial and industrial companies.

Covered Risks

  • Insurance indemnity is a subject to all amounts in respect of which the Insured or Insured person may became legally libel to pay for the damage caused to the third party as a result of mistakes arising out of or related to acting in their managerial capacity, in particular:
    • management liability;
    • special Excess Protection for Non-Executive Directors;
    • companies Securities Liability.
  • Plaintiff expenses reimbursement, in connection to the insured event.
  • Reimbursement of the attorney services, while the investigation and/ or trial.
  • This insurance cover is also intended to provide the requirements specified in the Resolution of the Cabinet of Ministers of Ukraine dated July 4, 2018, No. 535 "On the Procedure of Voluntary Insurance of Liability of Heads and Members of Supervisory Bodies of State Unitary Enterprises and Economic Associations, in the authorized capital of which more than 50 percent of the shares (interest) belong to the state».