Directors & Officers
Recent years have seen numerous government-driven studies into corporate governance and the accountability, role and decision-making capability of directors and officers, making the path they now tread a much more volatile and claims-susceptible one. And unlike companies, there is no corporate veil protecting them. Naturally this has knock-on ‘duty of care’ implications for accountants, auditors and legal advisors.
Many directors and officers, unknowingly or not, fall foul of the statutory regime and their common law duties. Many are also unaware of the compliance and regulatory requirements. RCB advise Insurers and their Insured(s) on the exposure, defence and mitigation on such matters as:
Breach of Company Statutory Regime and Common Law
Breach of Corporate Governance
Breach of Trust, Fiduciary Duty, Duty of Care, Health and Safety and Authority