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Directors and Officers Liability Insurance (D&O)
D&O insurance covers the liability of directors and officers of a company towards owners, shareholders, and third parties. It protects against claims for damages resulting from erroneous management decisions and actions or breaches of duties.
In 2016, "Ingosstrakh" won a contract to insure the directors and officers of PJSC "TransContainer" and the company itself. The contract was valued at $111,000 with a coverage amount of $100 million. The insurance is valid worldwide.
Cases and effects:
Ingosstrakh – one of Russia's largest insurance companies, offering insurance for property interests, directors, executive bodies, and securities-related claims.