Directors & Officers

As a company director or officer, when things go wrong there’s so much more than simply your position on the line.

The Companies Act imposes personal liability for breach of duty, which means anyone can sue a company director or officer in their personal capacity for actual or alleged breach of fiduciary duties. You may be held personally, jointly and severally liable for any loss, damages or costs sustained by your company or any other stakeholder because of your decisions and actions. At iTOO we fully comprehend the personal severity of these kinds of claims. If the buck stops with you, make sure your bucks are covered by an expert.

Why get your Directors & Officers covered by iTOO?

Service that puts you at ease. Expertise that keep you ahead.

Our specialist cover is structured to include Directors & Officers personal liability protection, including the advancement of legal defence costs and access to expert defence attorneys to guide you.  Company Reimbursement for indemnified losses and Company Securities entity cover for claims related to breach of securities regulations.

We are different

We offer you industry leading experts who think and act ahead of the curve.

Your personal financial security and well-being may rest in the hands of an insurance provider – with iTOO, you can be sure you’re backed by an industry expert.

How to get cover

All iTOO business has to be done via independent brokers so please ask your broker to contact us if you would like to get a quote for your Directors & Officers cover. If you do not have a broker and would like us to recommend possible FAIS registered brokers trained in our products, please fill in your details on our Find a Broker page. If you are a broker and would like more detail about our cover, please contact one of our product experts, whose details can be found here.

Forms & Downloads

Directors and Officers Proposal Form

Please complete this proposal form for Directors and Officers personal liability indemnity and Company reimbursement cover for claims against Directors.

How to claim

You’re in the hands of an expert. You can always be assured of professionalism, quick turnaround times and world-class technical knowledge. We’ll keep you in the loop every step of the way. Simply send us an email detailing your claim and our claims department will contact you for specific details.

Our emergency incident response hotline is available 24/7 on:

086 100 4866 or

Directors & Officers Contacts


Are a company's subsidiaries covered under the D&O policy?

Yes, with iTOO subsidiary boards are covered. We also provide provision for automatic inclusion of newly acquired or created companies; but we would require notification of these.

Can a director defend a fictitious claim?

With a D&O policy you are covered for defence costs. Our panel of legal advisors will decide whether to defend the director in court. If so, the director will not have to pay for expensive legal battles that may be drawn out for many years. If the defence is successful, then the director will not need to carry personal loss. We will however subrogate should it be legally declared that the director did act fraudulently.

Why should private companies purchase D&O insurance?

It’s often worth noting that the legal costs of defence are huge, often surpassing a new, growing companies worth. A negative judgement could lead to the complete financial crippling of a private entity.