Overview

Thailand Directors and Officers Liability Insurance

CCW Global and our Thailand insurance partners are able to source tailored Directors and Officers (D&O) Liability Insurance solutions for companies operating in Thailand and elsewhere in Asia.

D&O Insurance, sometimes referred to as Executive Liability Coverage, offers critical financial protection to a company’s leadership team by covering legal costs and damages resulting from claims or regulatory investigations tied to decisions made in their official roles.

Whether it is allegations of mismanagement, breach of fiduciary duty, or regulatory non-compliance, this type of coverage ensures that directors and officers are not left personally exposed to the financial fallout of legal challenges connected to their corporate responsibilities.

Coverage

D&O Coverage in Thailand

Directors and Officers Insurance in Thailand offers essential protection for businesses by safeguarding company executives against personal financial loss in the event of legal proceedings, or formal investigation, related to their decisions and actions in a leadership capacity.

A well-structured D&O policy in Thailand can include coverage for a wide range of liabilities arising from alleged wrongful acts. Typical protections provided under these policies may include:

  • Legal defense and representation costs
  • Settlement amounts, judgments, and damages
  • Bail bond premiums and associated crisis response costs
  • Reputational damage management and public relations expenses
  • Legal costs associated with extradition proceedings
  • Tax liability incurred when an insured becomes personally liable following company insolvency
  • Coverage for civil fines and penalties, subject to policy terms
  • Claims between directors or executives of the same company
  • Claims connected to North American operations or exposure
  • Coverage of losses within 30 days of a management buy-out of a subsidiary

While D&O coverage is often issued as a standalone policy, businesses in the financial sector may receive it bundled with broader Professional Indemnity Insurance as part of a comprehensive executive risk management solution.

Conference room meeting

Further Reading

Wrongful Acts Covered

A Directors and Officers Insurance policy offers comprehensive coverage against a broad spectrum of alleged wrongful acts committed by individuals in executive or managerial roles.

Covered wrongful acts typically include:

  • Breach of trust or fiduciary duty
  • Misstatements or misleading disclosures
  • Errors in judgment or management decisions
  • Acts of defamation (libel or slander)
  • Breach of duty of care or loyalty
  • Omissions or failures to act
  • Violations of statutory obligations, such as the Companies Ordinance or the Sarbanes-Oxley Act (and comparable laws in other jurisdictions)

Most D&O policies in Thailand will also include a broad “catch-all” clause that extends coverage to a wide range of claims resulting from an individual’s role or status as a director or officer. This can include employment-related allegations such as wrongful dismissal, retaliation, harassment, or whistleblower claims.

Covered legal proceedings and claim types may include:

  • Formal written demands from stakeholders or third parties
  • Civil lawsuits and arbitration
  • Criminal prosecutions related to business conduct
  • Extradition requests and proceedings stemming from international enforcement actions

This expansive scope of coverage makes Directors and Officers Liability Insurance an essential component of corporate governance in Thailand; helping protect both your company’s leadership and its long-term stability from the costly consequences of unforeseen legal challenges.


Ceo and officers

Quotation

Free Directors and Officers Insurance Consultations

If you would like to receive a consultation regarding a Directors and Officers liability insurance policy in Thailand, simply complete the short form on this page. 

Once you have submitted your request and expert Thailand insurance advisor from CCW or our local partners will contact you to discuss your extensive D&O Insurance coverage options..

Alternatively, please Contact Us to speak with a business insurance advisor today.

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