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Directors and Officers

TSL2
2.00 CPD Points
Price:
$160.00 +GST Non-member
$130.00 +GST Learning Partner
$100.00 +GST IBANZ Member

Learn Module Detail

Directors' and Officers' Liability Insurance and Company Reimbursement Insurance is offered to the directors and senior management of companies who are looking for protection from the costs incurred in defending themselves or their company against legal actions and settlements, including claimant costs awarded against directors and officers that arise out of wrongful acts in the management of the company.

IBANZ College's Directors' and Officers' module is designed for insurance brokers who are looking to move into a corporate or commercial insurance role that involves the insuring of company representatives for legal action and settlements against themselves and/or their company; or for insurance representatives who want a refresher course in this area of insurance.

This module covers the following topics:

Overview of Directors' and Officers' Liability Insurance 

  • Insured parties 
  • Basis of cover 
  • Insuring clauses 
  • Policy schedule 
  • Exclusions 
  • Policy conditions 
  • Developments 
  • Case studies 
 

Objectives


  • Be able to discuss the implications of a directors actions and activities on cover.
  • Understand the parts of a Directors and Officers Policy wording
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