Sun launches Innovative Directors & Officers’ (D&O) Policy

Date of Publication: 7th August, 2025

Sun Insurance Ltd. is proud to announce the launch of its newest insurance product, the Directors & Officers’ (D&O) Insurance Policy. This marks a significant milestone as it is the first time a local insurance company has introduced a dedicated D&O product to the market.

Currently, most major corporations, listed companies, and state-owned enterprises rely on international insurers to provide their D&O coverage. This new offering by Sun Insurance aims to fill a critical gap in the local market, providing tailored, accessible, and competitive protection for corporate directors and officers against unexpected liabilities that may arise from litigation or legal claims. 

The development of this innovative product aligns with Sun Insurance’s strategic growth initiatives. In the first quarter of this year, the company appointed a Chief Product Development Officer, whose leadership was instrumental in bringing this product to fruition. Chairman Padam Lala expressed his excitement about this achievement, stating, “This is a historic moment for Sun Insurance, the first time in our 25-year history that we have launched a product independently. We are thrilled to introduce a solution that addresses a vital need for our corporate clients.”

Sun launches Innovative Directors & Officers’ (D&O) Policy