Directors and officers liability insurance (D&O)

D&O — insurance provides liability coverage for directors and officers against claims from company owners, shareholders, and third parties seeking compensation for damages. This insurance not only compensates for losses caused by erroneous management decisions but also covers related expenses.

Personal liability of company executives for their decisions is established under the legislation of the Republic of Tajikistan.

This insurance reimburses directors and officers for expenses related to claims arising from their mistakes. The company may also receive compensation if it has covered the expenses of its directors and officers.

What D&O insurance covers:

• • Damages as determined by a court ruling.

• • Damages settled through out-of-court agreements.

• • Legal defense costs and court expenses.