{"id":366,"date":"2025-09-09T13:08:54","date_gmt":"2025-09-09T03:08:54","guid":{"rendered":"https:\/\/pace.quik15.com\/wordpress\/?page_id=366"},"modified":"2025-09-24T13:39:01","modified_gmt":"2025-09-24T03:39:01","slug":"directors-officers-liability-insurance","status":"publish","type":"page","link":"https:\/\/pace.quik15.com\/wordpress\/insurance-products\/directors-officers-liability-insurance\/","title":{"rendered":"Directors &#038; Officers Liability Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"366\" class=\"elementor elementor-366\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aad39e7 e-con-full e-flex e-con e-parent\" data-id=\"aad39e7\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54d6703 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"54d6703\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-da3a606 e-con-full e-flex e-con e-parent\" data-id=\"da3a606\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-72efd35 e-con-full e-flex e-con e-child\" data-id=\"72efd35\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-7506b1b e-con-full e-flex e-con e-child\" data-id=\"7506b1b\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2842e26 elementor-widget elementor-widget-text-editor\" data-id=\"2842e26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Protection of the personal assets of Directors and Officers is provided through indemnity insurance for loss arising from a claim as the result of a &#8216;wrongful act&#8217; they commit during the course of conducting their business.<\/p><p>Regardless of their company\u2019s size or business activities all company Directors and Officers have an exposure to potential claims and legal action. Immense accountability and pressure is placed on company Directors and Officers through corporate governance and regulatory surveillance to perform their duties thoroughly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe7861f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"fe7861f\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ba5ddc5 e-con-full e-flex e-con e-child\" data-id=\"ba5ddc5\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f7123f0 e-con-full e-flex e-con e-child\" data-id=\"f7123f0\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-786e5f8 elementor-widget elementor-widget-heading\" data-id=\"786e5f8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Claims can arise from:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e496fa9 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"e496fa9\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Breach (alleged or actual) of the Trade Practices\/Fair Trading Legislation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Enquiries by regulatory authorities (e.g. ASIC, ATO, ACCC)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Breach of Contract<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Shareholder disputes<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Defamation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Competitors<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Creditors<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-45d6876 e-con-full e-flex e-con e-child\" data-id=\"45d6876\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-81eae7c elementor-widget elementor-widget-heading\" data-id=\"81eae7c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Directors and Officers Insurance aims to provide protection for:\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-106fcbc elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"106fcbc\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Loss arising from a \u2018Wrongful Act\u2019 committed by them in the course of conducting their business<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Settlements, compensation and\/or damages awarded against them<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-double\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Legal costs and other expenses associated with defending a claim<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-555838a e-con-full e-flex e-con e-parent\" data-id=\"555838a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-282fa9e elementor-widget elementor-widget-text-editor\" data-id=\"282fa9e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Please <span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/pace.quik15.com\/wordpress\/?page_id=181\">Contact Us<\/a><\/span> now on <span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"tel:03 8615 0600\"><strong>03 8615 0600<\/strong><\/a><\/span> to speak directly to a Principal or Senior Adviser about\u0003how best to protect your business asset.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6994d63 e-con-full e-flex e-con e-parent\" data-id=\"6994d63\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-25741a6 elementor-widget elementor-widget-heading\" data-id=\"25741a6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Selecting The Right Policy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c24808 elementor-widget elementor-widget-text-editor\" data-id=\"0c24808\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is very important that you understand your insurance requirements and the extent of your policy coverage. Policy coverage is always subject to the terms, conditions and exclusions of the insurance contract and policy wording provided by the insurer.<\/p><p>You will find that each insurance company has its own policy wording and therefore the coverage can vary considerably from one insurer to another. So it becomes vital that you compare each policy based on the appropriateness of cover for your individual or business needs.<\/p><p>As Insurance Advisers, it is our role to understand the terms and conditions and apply them to your individual business needs. We rely on our extensive international and national experience in specific sectors of insurance to select the right insurance for your business. We can then provide advice and tailor make the best insurance program to reduce risk and provide peace of mind.<\/p><p>For expert advice, real experience and a comprehensive understanding of your business and it&#8217;s insurance requirements.<\/p><p>Call now on 03 8615 0600 and arrange a no-obligation consultation with a member of the PACE Insurance team.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Protection of the personal assets of Directors and Officers is provided through indemnity insurance for loss arising from a claim as the result of a &#8216;wrongful act&#8217; they commit during the course of conducting their business. Regardless of their company\u2019s size or business activities all company Directors and Officers have an exposure to potential claims [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":143,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-366","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/pages\/366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":7,"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/pages\/366\/revisions"}],"predecessor-version":[{"id":762,"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/pages\/366\/revisions\/762"}],"up":[{"embeddable":true,"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/pages\/143"}],"wp:attachment":[{"href":"https:\/\/pace.quik15.com\/wordpress\/wp-json\/wp\/v2\/media?parent=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}