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Directors and officers (D&O) insurance
In the transport sector, directors and officers insurance is becoming increasingly important. Orbis Risk Partners, operating from Antwerp, Geneva, and Dubai, developed specialized knowledge in this field. Directors and officers insurance is designed to protect the personal assets of directors and officers in the event they are personally sued for actual or alleged wrongful acts in managing a company. This insurance plays a critical role, especially in an industry as complex and risk prone as the trading and transport industry, where decisions by leadership can significantly impact the company’s course.