D&O Insurance
Protection designed for managers and all those who make up the administration and leadership of the company.
- Protection for executives’ personal assets
- More peace of mind for managing your company
- Broad coverage for various risks to leadership

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In summary
Understand the product
Check out some questions that will give you a better understanding of D&O Insurance.
What is D&O insurance?
- Protection for current, former, and future executives, including advisors, directors, and employees with management powers.
- Flexibility to cover managers hired as legal entities.
- Includes subsidiaries and affiliated companies, as well as providing global coverage for international entities.
Why is it necessary?
- Leadership protection against claims from investors, shareholders, and regulatory bodies in adverse situations.
- Provides extensive financial coverage in legal proceedings, administrative actions, and investigations.
- Provides security and peace of mind to executives to focus on efficient management of the company.
Who needs it?
- Companies with a board of directors and/or executives who make important decisions that affect the company and its shareholders.
- Publicly traded, private, or non-profit companies.
- Companies that want to mitigate financial risks of their leadership and representatives.
Risks
With relevant risks, it is essential to be insured
2.8 Million
This is the number of labor lawsuits judged in Brazil in 2021.
(General Report of Labor Justice 2021)
BRL 500 million
Amount paid for D&O claims by insurers in Brazil in 2022.
(SUSEP)
0.82
Executives involved in criminal cases in Brazil are convicted.
(Viseu Lawyers)
14 years old
It is the average duration of tax processes in Brazil, accumulating high defense costs.
(Brazilian Institute of Competitive Ethics)
Coverages
What is included in the coverage?
Defense costs
Payment of lawyers and expenses related to investigations in legal proceedings involving directors and administrators, including regulatory, labor, civil, tax, and other violations.
Fines and indemnities
Covers civil and administrative fines and compensations for extrajudicial or judicial settlements imposed on executives.
Benefits and freedom
Coverage for personal expense payments in cases of bank account freezes or temporary professional disability, as well as coverage for costs related to asset confiscation and extraditions.
- Fraud or dishonesty: illegal or unethical actions that cause harm to the company or third parties.
- Third-party damages caused by insured individuals in their capacity as citizens.
- Claims that professional service failures of the company caused damages to third parties, which are covered by Professional Liability insurance.
- Data breaches and cyber attacks: covered by Cyber Insurance.
Use cases
Examples of D&O claims
1. The problem
A technology company executive has been accused of diverting company funds for their own personal benefit.
2. What was done
After an investigation, it was proven that the executive was innocent.
3. Outcome of the event
The insurer covered defense costs and reimbursed the executive’s payment while they were on leave.
1. The problem
An executive is accused of workplace harassment by an employee and the company is being sued for allowing such behavior in the workplace.
2. What was done
The company activates its D&O coverage and hires specialized lawyers to defend the accused executive.
3. Outcome of the event
The insurer covers all defense costs and, in the end, the executive is found innocent of allegations of harassment.
1. The problem
A retail company is the target of a lawsuit by investors who claim financial losses resulting from misguided decisions made by the company’s executives.
2. What was done
The company activates its D&O coverage and hires specialized lawyers to defend the accused executives.
3. Outcome of the event
The insurer covers all defense costs and, in the end, the process is closed with the company and its executives being acquitted of the charges.
1. The problem
Payment company faces tax evasion and financial information manipulation charges against executives, requiring D&O insurance coverage.
2. What was done
Company activates D&O and hires specialists to defend executives before tax authorities and courts.
3. Outcome of the event
Insurance company covers legal and tax costs, proving compliance with accounting practices and absolving executives.