johtovastuuvakuutuksella
Johtovastuuvakuutus, often referred to as Directors and Officers (D&O) liability insurance, is a type of insurance that protects the personal assets of company directors and officers, as well as the company itself, from claims made against them for alleged wrongful acts committed in their capacity as directors or officers. These wrongful acts can include breaches of duty, negligence, errors in judgment, and misrepresentations.
The primary purpose of johtovastuuvakuutus is to cover the legal defense costs, settlements, and judgments arising
Key coverage typically includes defense costs, which can be very high even if the allegations are unfounded.
The need for johtovastuuvakuutus has grown significantly due to increasing regulatory scrutiny, complex corporate governance requirements,