Directors and officers
Directors and officers are responsible for and toward the organization they manage. They have a duty to act in good faith and in the best interest of the organization, whether it is a charity or a for-profit business.
Free quoteEssential protection for your board of directors
As a director or officer on a board of directors, you may be personally sued in the event of a poor decision or unjustified dismissal of an employee. Groupe AFER can protect you against directors and officers civil liability.
Directors and officers may be held personally responsible and put their personal assets at risk. Ignorance is not a defence, and resignation is not necessarily an acceptable defence.
What does directors' liability involve?
Act reasonably, in good faith, in the best interests of the business.
Place the interests of the business ahead of those of directors and officers.
Act within the company's possibilities while respecting applicable rules and laws.
It is important to note that…
Here is what every director and officer should know before acting:
These elements highlight the importance of coverage adapted to your reality.
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