Dirkesikring
Dirkesikring is a term originating from Norwegian, often translated as "director's security" or "management security." It refers to a specific type of insurance policy designed to protect company directors and officers from personal liability arising from their managerial decisions and actions. This protection is crucial because, in many jurisdictions, directors can be held personally responsible for financial losses incurred by the company due to negligence, mismanagement, or breaches of duty.
Such policies typically cover a range of potential claims, including allegations of wrongful acts, errors in
Dirkesikring, more commonly known internationally as Directors and Officers (D&O) liability insurance, plays a vital role