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

CPR Insurance Services Awarded Authorised Representative Insurance Business of the Year for 2019

Mandy and Robert Cooper were proud to receive the inaugural Authorised Representative Business of the Year from ANZIIF in the Australian Insurance Industry Awards for 2019.

We share this award with all our staff, Lauren, Guy and Sarah and thank them for their dedication in providing the best possible customer service. We also thank our clients who have made our business what it is today. We thank you all so much.

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Finalist in the Insurance Industry Awards

We were pleased to be advised this week that we are a finalist in the Australian Insurance Industry Awards in the category of Most Outstanding Authorised Representative Business for 2019.

Our company very much appreciates the accolade and just being nominated is prestigious to us. The awards ceremony is in August and we will see how we go, but being in the Top 4 is a credit to our team who have worked tremendously hard in the last eight years.

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