Directors & Officers (D&O) Insurance — Granite Belt Insurance Brokers
Granite Belt Insurance Brokers arranges D&O insurance for private company directors, board members and senior executives. We explain the cover, identify common gaps and structure a policy matched to your company’s size and risk profile. See also: Management Liability Insurance.
✅ What D&O insurance covers
- Personal liability of directors and officers — wrongful acts including breach of duty, neglect, error and misleading statements
- Legal defence costs — covered within the policy limit for defending claims against insured persons
- Company reimbursement — where the company has indemnified a director and then seeks reimbursement from the policy
- Securities claims — claims by shareholders relating to securities transactions (larger companies)
- Regulatory investigations — defence costs for inquiries by ASIC, ACCC, Fair Work or other regulators
⚠️ Common gaps in D&O cover
- Directors believing the company’s public liability policy protects them personally — it does not
- Insolvency exclusions — D&O policies typically exclude cover for claims after formal insolvency begins
- Limit too low for the company’s size and litigation exposure
- Prior acts exclusion when switching insurers — retroactive date issues
- Confusion between D&O and management liability — they overlap but are not identical
How D&O cover is structured
- 1) Entity type — private company, ASX-listed, incorporated association or NFP
- 2) Director count and roles — executive directors, non-executive directors, officers
- 3) Company size and revenue — primary rating factors
- 4) Industry — regulatory exposure varies significantly by sector
- 5) Prior claims or circumstances — must be disclosed at inception
Making a claim
- Notify us at the first sign of a claim, complaint or regulatory inquiry against a director
- Do not respond to ASIC, ACCC or similar bodies without involving us and the insurer
- Preserve board minutes, correspondence and decision documentation
- Report potential circumstances even if a formal claim has not yet been made
Who this suits
- Directors and officers of private companies
- Board members of incorporated associations and NFPs
- Non-executive directors on commercial or community boards
- Senior executives with fiduciary responsibilities
Renewal checklist
- Confirm all directors and officers are named or covered under the policy
- Review limit against current company size and contractual exposure
- Check retroactive date if switching insurers
- Update insurer if significant changes to board composition or company activities
Related pages
Management Liability · Professional Indemnity · Business Insurance · Contact Us
❓ Common questions
Here are questions we are commonly asked about directors & officers insurance by clients across the Granite Belt and New England.
- How much does directors & officers insurance cost? Premium depends on your specific situation — activities, asset values, cover type and claims history all affect the price. We compare options across multiple insurers and explain the differences clearly.
- Do I need a broker or can I go direct? You can approach insurers directly, but a broker compares multiple markets, structures cover to match your specific needs and advocates for you at claim time. For regional and rural risks, broker access often finds options not available direct.
- What happens when I need to claim? Contact us immediately. We manage the notification, help document the loss, liaise with the insurer and assessors, and advocate for a fair outcome.
- How do I know if I am underinsured? Your sum insured should reflect full replacement cost at today’s prices. We review sums insured at every renewal and flag concerns before a claim makes the shortfall real.
Get a quote or review
Granite Belt Insurance Brokers has been arranging insurance across the Granite Belt, New England and Northern Rivers for over 25 years. To arrange or review your directors & officers insurance, contact us without obligation.
- Call: 07 4681 1289 — Monday to Friday 8:30am to 5pm
- ✉️ Email: email hidden; JavaScript is required
- Request a quote or review online
Related pages
Management Liability · Professional Indemnity · Business Insurance · Contact Us
Directors and officers insurance across the Granite Belt and New England
Granite Belt Insurance Brokers arranges directors and officers insurance for clients across the Granite Belt, New England and Northern Rivers from our Stanthorpe base. We have been placing this type of cover in the region for over 25 years and understand the local risk environment, insurer appetite for regional operations, and what is needed to support a claim when something goes wrong. We are insurance brokers — we work for you, not for the insurer.
Whether you are in Armidale, Warwick or anywhere across our service region, the process is the same — we ask about your situation, compare options across multiple insurers, explain the differences clearly, and manage the policy and any claims on your behalf. Cover is subject to insurer acceptance, policy terms, conditions and exclusions. All information on this page is general in nature — speak with us to discuss your specific circumstances.
See also: Insurance Armidale · Insurance Warwick · Contact Us.
Why use Granite Belt Insurance Brokers
As an Authorised Representative of Community Broker Network Pty Ltd (CBN AFSL 233750) and a Steadfast Group member, Granite Belt Insurance Brokers has access to a broad panel of admitted insurers and products not available through direct channels. Our team holds formal qualifications including Diploma of Insurance Broking, QPIB and Senior Associate CIP (ANZIIF).
We act on your behalf — not the insurer’s — to help you understand your options, prepare information for underwriting, and support you through the claims process.
What to do next
If you would like to discuss your insurance requirements, contact us for a no-obligation conversation. We will help you understand what information is typically needed and what options may be available for your situation.
Call 07 4681 1289 · email hidden; JavaScript is required · Contact Us
All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal advice prior to acting on this information. Cover availability, terms, exclusions and premiums vary by insurer, product and individual circumstance.
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