Tailored D&O Insurance Solutions for IoD Ireland Members
In today's legal environment, exposure as a director or an officer has never been greater. Any decisions made by company officers could lead to a lawsuit. The company's liabilities may be limited, but the officers' liabilities in law are not. The Institute of Directors Ireland, in association with Arachas Corporate Insurance Brokers, has created a tailored insurance solution for individual directors in Ireland, available only to IoD Ireland members. This exclusive insurance scheme covers executive and non-executive directors, and senior management against legal actions and their costs, and helps protect personal assets. Automatic cover is available up to €1,000,000 limit of liability with no policy excess.
What is the IoD Ireland Member Benefit
The IoD D&O Insurance facility offers the following benefits for Members, subject to policy terms and conditions:
- Automatic cover up to €1,000,000 limit of liability with no policy excess.
- Full retrospective cover.
- Full limit defense costs for allegations of fraud, dishonesty, and intentional breach of law.
- Pre-Claim Inquiry cover.
- Reputation Expenses up to €250,000.
- Cover for civil fines and penalties where legally permitted.
- Insolvency Hearing Costs cover up to €50,000.
- Punitive and exemplary damages.
- Personal liability for unpaid corporate taxes.
- Worldwide Cover (excluding USA & Canada).
- Quotations for higher levels of cover can also be sought.
Why Not Avail of a Complimentary Directors and Officers (D&O) Liability Insurance Consultation?
Arachas Insurance is delighted to offer IoD Ireland members a complimentary and confidential consultation regarding Directors & Officers insurance. This service will allow IoD Ireland members, without any cost, to confidentially discuss any aspect of directors & officers insurance or simply to find out more information. To schedule a complimentary consultation, or to find out more, please contact Arachas Insurance Brokers by email at [email protected].
Benefit Availability
This benefit is available to all members until 31st December 2025.
Please note, you must have a valid IoD Ireland membership card to avail of member offers and discounts.
How to Avail of the Member Benefit
If you would like to find out more about the insurance solutions on offer and/or obtain a bespoke quotation, please contact the dedicated D&O Team at Arachas.
Tel: 01 707 5800 | Email: [email protected]
