Liability for Director or Office does not discriminate. The new Hong Kong Companies Ordinance (CAP. 622) applies to both Public and Private companies.
It means even for the directors and officers working in private companies, one can be personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company.
For a very reasonable premium, Grand Trust Underwriters can help tailor the Directors and Officers Liability Insurance to fit your company’s special needs. We can help protect directors and officers against their liability.