Directors & Officers (D&O) Insurance NZ — Wording Comparison
Directors & officers — NZ commercial liability cover
D&O insurance protects individual directors and officers from personal liability for wrongful acts in their corporate capacity. The Side A / Side B / Side C structure decides who is named on which limit and what defence costs are advanced.
Blanket panel — wording on file
Six NZ commercial insurers sit on the Blanket panel. The table below shows the wording version we have on file for each one, with its tier (A = current ≤ 12 months, B = stale 12–24 months, C = third-party mirror, D = historical). Empty rows mean we don't have a current wording on file — request the latest from the insurer via Blanket Advice Limited (FSP1004126).
| Insurer | Wording on file | Effective | Tier | Source |
|---|---|---|---|---|
| Delta Insurance | Not on file | — | — | Request via Blanket Advice Limited |
| NZI | Not on file | — | — | Request via Blanket Advice Limited |
| QBE | Not on file | — | — | Request via Blanket Advice Limited |
| AIG | Not on file | — | — | Request via Blanket Advice Limited |
| Zurich | Zurich Directors and Officers Liability | 2021-12-13 | D | |
| Vero | Not on file | — | — | Request via Blanket Advice Limited |
What to look for in the wording
limit of indemnity optionsside a b c structureinvestigation costs coveredemployment practices extensionretroactive date handlingrun off availabilitydefence costs in or outside limitinsured vs insured exclusionkey exclusions