Directors & Officers Liability FAQ

If you run an Organisation, or sit on a Board of Directors or a committee, you have a duty of care owed to many different stakeholders. As a result you can be personally liable for the decisions you make on behalf of that Company or Organisation you represent. 

Being personally liable as a Director or an Officer of a company means that you would personally have to pay compensation, legal costs or even a Fine or Penalty.

This means selling your home or any other assets you own, losing all your savings, may be even becoming bankrupt as a result. This means being unable to run your own business or be a Director of any company for many years,

Having said that, did you know that only 17%* of Australian entities have some form of Directors & Officers Liability cover?

Yet globally many Directors are very concerned about their personal liability exposurers. Read more here

CPR Insurance Services can save you from being uninsured for these exposures. Call us or read more about this area on this page.

CPR Insurance - Experts who will save you!

*Figure provided by Australian Institute of Company Directors

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Latest News

2019 Insurance Brokerage of the Year

CPR Insurance Services are so proud to be awards for the second year in a row, "Australian Insurance Brokerage of the Year (1-5 staff)". To win this award two years running is very much a fantastic achievement and reflects the high standard we have maintained in the last two years.

We very much thank our hard working staff, Ausure Insurance Brokers our licence holder, the Steadfast Group, NIBA and LMI who have supported us with resources and services to meet the demands of our clients.

And of course we thank all our clients for their fantastic support over the eight years of our business, who if not for them, we would not have a business. Thank you.

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Robert Cooper named Elite Broker again

 

Robert Cooper was named in the Top 20 Elite Brokers once again in 2019 from Insurance Business Magazine. He has been in this list for five out of the last six years. This year he finished in his highest position of eighth.

Robert admits he could not have achieved this without the support of his wonderful staff, and in particular Mandy Cooper.

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