Being a director or manager of a company immediately exposes you to numerous risks. These risks can vary depending on your particular role and situation. As a fully licensed AFSL insurance brokerage, we work for you, not the insurers.
We help our clients filter through the numerous options in the market to help find the most appropriate policies for their needs. We also help streamline and negotiate the claims process.
Similarly, if you feel over insured, we work with clients to strategise around the rising costs of D&O Insurance premiums.
As an award-winning business insurance brokerage, our clients are not simply ‘set and forget’ clients. Proactive and ethical in our approach, we actively work with our clients to find optimal insurance options for the long term.
We are award-winning Corporate Insurance specialists
D&O Insurance Sydney: what is Directors and Officers Insurance?
At a glance, D&O Insurance can protect you and/or your company’s leaders and private assets from claims that arise as a result of decisions made during their duties.
The right D&O Insurance policies can protect you from:
Why Sydney clients choose us
We are a multi-award winning business insurance brokerage with a passion for client service and technical insurance expertise. From Allawah, to Sydney Central, to Darling Harbour, to Belrose and beyond, we service all areas of Sydney.
Is your Sydney business going public, or already listed? D&O Insurance can help
Having the right D&O Insurance in place can be vital for any leader of a company, especially for Sydney companies in the process of Initial Public Offerings (IPOs) or are already running publicly listed companies.
Your risks are magnified when running a public company or undergoing an IPO. In a complex environment, just one mistake made by any of the leadership team can greatly impact other stakeholders of the company. D&O Insurance can help you pay for the legal costs associated with any damages as a result of negligent actions.
We have experience in working with companies in all stages of the IPO process. Whether you’re in the early stages of an IPO or are now running a publicly listed company, we have the expertise, insurer networks and infrastructure in place to help you achieve favourable D&O insurance outcomes.
D&O Insurance Sydney: included coverage
Depending on your policy, D&O Insurance can provide protection to:
Sydney D&O Insurance can also be important for non-for-profit organisations, which are often managed by a board of directors.
Types of Directors and Officers Insurance
In this current market, a typical D&O Insurance policy contains the following three agreements:
Directors and Officers Insurance: Sydney economy
According to the City of Sydney’s economic development strategy, in 2018/19, around $140 billion was generated within Sydney city, representing over 7% of Australia's economy. Despite the growth of business districts such as North Sydney, Parramatta, Macquarie Park, Olympic Park and the growth corridor to the north-west, the City of Sydney has maintained its pre-eminent role. The number of cities in the city of Sydney grew by 4,000 between 2007 and 2017.
According to economy.id, Sydney city has:
- - A GRP of 130.22 billion
- - 664,850 local jobs
- - 73, 934 local businesses
The largest industries are professional, scientific and technical services.
Although enduring several hardships over the years, Sydney remains a thriving and robust city. As the capital of New South Wales, Sydney is famous worldwide for its iconic destinations such as the Sydney Harbour Bridge, Bondi Beach, the Sydney Opera House, the fish market, as well as its colourful fashion, sporting and arts scenes.
Such a robust and interesting city brings on exceptional risk. By investing in D&O Insurance, Sydney-based managers, business owners and directors can mitigate the financial consequences of these risks.
D&O Insurance Sydney: our Managing Director
Tony Venning’s experience includes board level representation with major international broking firms, such as senior executive positions in London, Sydney and Melbourne. His insurance broking experience extends to working with high profile organisations such as the AFL and Cricket Australia and multi-national organisations with global exposures, including publicly listed organisations and companies undergoing an IPO. One of his key achievements includes resolving the public liability crisis sports organisations faced following the collapse of HIH. More recently, he has assisted several companies navigate their way through the current D&O insurance crisis facing public companies, in particular those undertaking an Initial Public Offering (IPO).
Tony enjoys very strong relationships with the major Australian-based insurance companies and overseas markets, including Lloyd’s. Through these relationships he has developed innovative insurance products and services that provide clients with real benefits.
Other forms of Business Insurance that may be of interest:
We help Sydney-based managers and directors be equipped with D&O Insurance. Contact us to speak to an experienced D&O expert today.