Director Briefing: Personal Liability and Director Insurance

Wed 17 May 2017
5.30pm to 7.30pm MAP
AICD WA Division Office
Level 1, Allendale Square
77 St Georges Terrace
Perth WA
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Cost
single AUD $90.00 (members) AUD $120.00 (non-members)
5 DPD Points

Steven Cole FAICD

Principal, Cole Corporate

Steven Cole has over 40 years of professional, corporate and business experience through senior legal consultancy, as well as a range of executive management and non executive appointments.

His extensive boardroom and board sub-committee experience includes ASX listed, statutory, proprietary and NFP organisations covering the industrial, financial, educational, professional services, health and resources sectors.

Steven’s professional qualifications include:

  • Llb (hons)– University of Western Australia
  • AICD Company Directors Diploma and Fellow
  • Wharton School – University of Pennsylvania – Corporate Governance Program 2010

Steven has strong work and community ethic. His continuing appointments include:

  • Deputy Chairman of Reed Resources Limited (ASX listed);
  • Non-Executive Director of Matrix Composites and Engineering Limited;
  • Chairman of 2 investment trust companies with around $20m under management;
  • Chairman of Queen Elizabeth II Medical Centre Trust (a WA statutory authority);
  • Chairman of Brightwater Care Group Inc, a major charitable NGO.

Graham Reynolds OAM FAICD

National Consultant, Lockton Companies Australia Pty Ltd.

Graham, a consultant to Jardine Lloyd Thomson (JLT) service since 1993, has had over 40 years experience as a chief executive and director in the financial risk management and international insurance broking industry, as well as involvement in the commercial, industrial and financial services industries including:

  • Chairman of MDA National Insurance
  • Director of Local Government Insurance Scheme
  • Deputy Chairman of Plan B Trustees.

Graham also served as Commissioner of the Insurance Commission of WA and Director of State Government Insurance Corporation and HBF Insurance.

Are you protected? A close look at your liability as a director

Fish out of water

Directors and officers have a number of duties, responsibilities and obligations and regardless of if you sit on one or multiple boards, you may be exposed to personal liability risk. How effectively can the impact of personal liability risk be transferred by D&O insurance cover?

Interestingly, only 45% respondents from a 2011 AICD member survey believed they had directors & officers (D&O) insurance.

This briefing will look closely at D&O insurance and your liabilities as a director.

  • What does D&O insurance cover
  • What drives the price and what are the terms and conditions
  • Legal limits to D&O insurance and the period that it covers
  • What directors should do to minimise liability
  • Tips to minimise the risk of voiding a D& O insurance policy

Our panel will delve into case studies and recent experiences - the good the bad and the ugly.

Contact Details

Courtney Blechynden
Events Coordinator
+61 8 9320 1700
wa@companydirectors.com.au