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D&O insurance is a recent modality that is gaining strength among companies. It is civil liability insurance (Directors & Officers) which is responsible for the decisions of administrators, managers, etc. One of the objectives of this policy is to preserve the assets of managers responsible for decision-making within companies.
This modality aims to insure such professionals against lawsuits brought by third parties, such as official regulatory bodies, customers, liquidators or administrators, or even by their own company. As defined in the particular conditions, it may cover the expenses related to the fees of external lawyers for the defense of a director or administrator in the context of such legal proceedings, as well as damages and agreements stipulated, provided that no fraudulent behavior is established against them.
It is important to note that using the advice of Valorizza Corretora de Seguros in your process of purchasing an insurance product will not bring additional costs to your company, which is advantageous for your business.
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Condominium Belas Business Park
Edifício Cunene, Office 401
Talatona, Luanda – Angola
Phone: +244 939 024 368
Email: geral@valorizza.co.ao