BTLA BROKER / 04 / FOR BUSINESSES
Directors' and officers' insurance (D&O).
Decisions can have personal consequences.
We help analyse liability cover for people managing businesses. We establish who the proposal covers, which claims it addresses and where its limitations lie.
For companies and people making management decisions.
01 / YOUR SITUATION
For people who make decisions.
We analyse D&O cover with the organisation's structure, roles and planned changes in mind. The company's position matters, as does the definition of an insured person.
- You want a structured protection programme for the management board.
- Management personnel or group structure are changing.
- You are reviewing terms at renewal or during a transaction.
BEAVER AND SUPERPARROT / BUSINESS IN PRACTICE
The company had liability insurance. The claim named the managing director personally.
Public liability and D&O cover different areas. In the video, Beaver discovers why they should be distinguished.
With D&O, we check the people insured, types of claims, defence costs, limits and exclusions. Let’s discuss roles in your company and the cover terms — a business liability policy alone does not replace this analysis.
@btla_official · video in PolishThe company had liability insurance. The claim named the managing director personally.
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02 / SCOPE OF OUR WORK
D&O requires consideration of more than one limit.
The scope and availability of cover depend on the company's situation and the terms of individual offers. We also discuss limitations together.
What do we check in these areas?
Eligible insured persons
We check the definitions of people and roles included in the proposal. We also discuss former and future office holders and affiliated entities, where relevant to the programme.
Claims and costs
We compare how liability is defined and the terms for covering defence costs. We explain which limits are shared and which events may erode them.
Timing and organisational changes
We analyse rules for notifying claims and circumstances, relevant cover dates and the impact of structural or board changes. We do not treat provisions in different offers as equivalent.
- A review of the definitions of insured persons.
- Comparison of cover, limits and defence costs.
- A discussion of material exclusions and notification requirements.
- Issues to address during organisational changes.
04 / HOW WE START
From a conversation to an informed decision.
What should you prepare first?
A brief description of the organisation, its structure and current cover is enough to start. We discuss financial information and the quote questionnaire at the next stage.
What do we check in these areas?
We get to know your organisation
We establish the structure, roles and reason for reviewing cover.
We analyse proposals
We compare definitions, the period covered and restrictions.
We discuss the decision
We turn policy terms into questions relevant to management.
05 / BEFORE WE TALK
Worth knowing.
Does D&O cover only management board members?
Who is covered follows the definitions in the specific contract. This may be a wider group, so establish the roles and people the organisation wants included in the review.
Can an already known claim be covered?
You should not assume that a new policy will cover a known matter. Existing claims and circumstances must be disclosed and assessed in accordance with the offer's terms.
Are defence costs outside the sum insured?
It depends on the contract. We check whether costs reduce a shared limit, have a separate sublimit and what conditions must be met to use the cover.
Does a change of management affect the policy?
It may. Review insured person definitions, the cover period and information duties, particularly during ownership changes or when ending a programme.
SPECIFICS / BEFORE A DECISION
Before you request a quote.
What affects the cost?
- The entity's legal form, size and financial position
- The group structure and area of operations
- Limit, insured persons and claims covered
These are starting points for a conversation. A meaningful price comparison requires a defined scope and terms of cover.
What will help our first conversation?
- Company and group structure
- Basic financial information
- Current policy and planned changes
Don't have everything? Start with a brief description. We will establish what can be added later.
Are D&O and public liability the same thing?
They concern different areas of liability. During our conversation, we will distinguish management-related claims from the risks of the business itself and check the wording of the specific offers.
BTLA BROKER / CONTACT
Discuss D&O cover.
Briefly describe your activities and what you would like to discuss. We will use this to identify the information needed at the next step.
Call us 32 307 70 37Send an email [email protected]Prefer to start with a conversation? Call us.
Write to BTLA Broker
Subject: D&O for directors
D&O for directors: start with what you need. You can provide further details during our conversation.
Service hours: Mon–Fri, 8:00–17:00
What next? After you submit the enquiry, our team will contact you about it and establish what information is needed for a review.
A topic is enough to start. The BTLA team will agree with you what information and documents are needed.
Service hours: Mon–Fri, 8:00–17:00.
Conversations in Polish or English.
The data controller is BTLA BROKER LEADER sp. z o.o., al. Wojciecha Korfantego 138A lok. 114, 40-156 Katowice. We will use the data provided to handle your enquiry and contact you about it. Details of data processing and your rights are available in the privacy policy. Privacy policy (new tab).
KNOWLEDGE BEFORE A DECISION
Check before we talk.
TAKE A WIDER VIEW
Related areas of cover
A WIDER PERSPECTIVE
See the wider context
TAKE A WIDER VIEW