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September 2013

Directors and Officers Liability Insurance. Presenter Name: Frazer Barton. September 2013. Introduction. GFC Finance Companies Pike River. Essential Requirements. Appropriate skill-set for board Sound balance sheet D & O cover. In what areas do Directors face claims?.

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September 2013

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  1. Directors and Officers Liability Insurance Presenter Name: Frazer Barton September 2013

  2. Introduction • GFC • Finance Companies • Pike River

  3. Essential Requirements • Appropriate skill-set for board • Sound balance sheet • D & O cover

  4. In what areas do Directors face claims? • Resource Management Act • Health & Safety In Employment Act • Securities Act • Companies Act • Crimes Act

  5. Level of Cover • Must be sufficient

  6. Bridgecorp • Law Reform Act • Awaiting Supreme Court

  7. Insolvency Exclusion

  8. Fines

  9. Insured v Insured

  10. Risks of Conduct Avoiding Policy

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