Protects directors and senior managers personally when a decision they made is challenged. The company's other policies do not cover this — the exposure is individual.
Request Quote Lebanon →Tell us the company structure, how many directors there are, and roughly the turnover. We will advise on limits.
Request a Quote →A claim against a director is against their own assets. No commercial property or liability policy responds to it. Many owner-managers only discover this once a claim arrives.
Most of these matters are defended rather than paid out. Legal costs mount from the first letter, and cover that responds early is what actually protects the individual.
This is not only for large corporates. Shareholder disputes, creditor claims and employment allegations reach small Lebanese companies regularly.
Liability can follow a director for years after they leave or the company is sold. Cover has to be arranged before the exit, not after.
Yes, and often more so. Shareholder and family disputes, creditor claims when a business is under pressure, and employment allegations all produce personal claims against directors. Smaller companies are also less likely to be able to fund a defence out of company funds.
No. Public and employers liability respond to injury and property damage. Professional indemnity responds to defective work. A claim that a director breached their duty, mismanaged the company or acted improperly falls outside all of them, which is precisely the gap this fills.
Claims can arrive years afterwards about decisions taken while they were in post. Because these policies work on a claims-made basis, cover needs to be continued into run-off. It must be arranged before the transaction completes — afterwards is usually too late.
Reach our Beirut office directly. Advice in Arabic, English or French, and no obligation to proceed.
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