Non-Executive Directors Liability (NED) Insurance provides personal protection for non-executive board members of maritime companies.
This coverage shields them from financial liability related to their oversight role, especially in cases where the company faces legal action for mismanagement, negligence, or regulatory non-compliance.
Offering NED insurance is an efficient way to attract top talents to your board, ensuring that directors can focus on their responsibilities without fearing personal financial exposure.
It strengthens corporate governance, reassuring shareholders and stakeholders, that your business is guided by leaders who can make decisions confidently and strategically.