AIG Director and Officer Liability Insurance arranged by ACPG Management Sdn Bhd.
ACPG Management Sdn Bhd (Insurance Biz since Year 1989)
Head Office
158-3-7, Blok 158, Kompleks Maluri,
Jalan Jejaka, Taman Maluri, Cheras,
55100 Kuala Lumpur, Malaysia.
http://www.acpgconsultant.com
+603-92863323, +6011-12239838
Management Liabilities
Helping directors face the future and conduct business with confidence
Risk Managers' increasing awareness of their management liabilities
Administrators, managers and directors of any company, regardless of its size or activities, carry significant responsibilities in relation to the way they conduct themselves and justify the trust placed in them. This may result in claims against them for actual or alleged breach of duty, neglect, misstatements, errors and omissions.
Taking the pain out of investigation
There is a growing number of governing bodies or authorities who can investigate a company and today, more attention is being focused on smaller companies. Even if an individual is not yet personally under investigation, immediate expert legal guidance can help and perhaps, better manage the situation.
Shared responsibility
As directors and managers are jointly and severally liable, an error on the part of one can have financial and personal consequences for the others, who may have acted with propriety. Strong cover, that ring-fences the cover individuals can receive, can help build the confidence required to work together.
Challenging Regulatory Environment
In Malaysia's increasingly litigious business environment, companies and their directors and officers are subjected to more onerous duties and responsibilities, and face a growing risk of being the target of legal action as a result of the management and business decisions they take.
Increased supervision from the regulators and government authorities and potential litigation from breaches of the Securities and Futures have motivated directors and officers to take a more active interest in their company's affairs.
In spite of this exposure, a significant number of directors and officers do not have adequate management liability insurance in place.
Directors and Officers Liability, the best possible defence
Investigations and court cases are time consuming and very expensive. Directors and Officers (D&O) insurance cover from AIG assures that our clients will have the highest quality legal representation and assistance from the first moment that an action commences. This is our best-ever suite of management liability insurance solutions, designed from scratch to meet the needs of our business partners in Asia.
Who is it for?
Public and private companies, partnerships and not for profit entities.
2. Your actions may have consequences...
That lead to lawsuits
From all directions
We can help
Directors and officers of companies
make decisions everyday that no
longer simply affect the success of
their companies and their own
careers. These decisions carry the risk
of personal litigation and unlimited
financial liability as a result of their
consequences.
3. The sources of litigation
against directors and
officers are wide-ranging
and on the increase.
4. Actions against directors come from….
Employees
Regulators
Suppliers
Customers
Directors
Shareholders
5. Main areas of exposure
Shareholders
Employees
Regulatory Bodies
Customers
The chance of litigation increases in frequency
following merger and acquisition activity and
company liquidations.
Who is exposed?
In Asia, the sources of litigation against directors and
officers are wide-ranging and on the increase. All
directors and officers involved in the management of
any company are personally exposed. This insurance
is not only applicable to publicly listed companies,
but also to private and non profit organizations.
How are they exposed?
What are the consequences?
We understand this
6. The benefits
Subsidiary coverage
Associated Company Coverage
Securities claims against the company (optional extension)
Heirs, estates and legal representative extension
Jointly property liability extension
7. (formerly known as Chartis Malaysia Insurance Berhad)
Penang
Kedah
Perak
Selangor
Melaka
Johor
Pahang
Sabah
Sarawak
AIG in Malaysia
