Directors & Officers Insurance
We live in an ever more litigious world, and it is vital to protect yourself and your livelihood from the risks this presents.
Directors’ and officers’ liability insurance (D&O) covers the cost of compensation claims made against your business’s directors and key managers (officers) for alleged wrongful acts.
Wrongful acts include:
- Breach of trust
- Breach of duty
- Misleading statements
- Wrongful trading
D&O Insurance can cover the cost of claims made against a company’s directors, key managers or officers by shareholders, investors, employees, regulators or third parties. It can cover the costs of defending civil, criminal or regulatory proceedings brought against directors and officers for acting outside their terms of reference, plus compensation claims arising.
Management Liability cover protects both individuals in the form of Directors and Officers Liability and companies in the form of Employment Practices Liability and Corporate Legal Liability against claims being made against them.
To read more about these valuable covers please download these useful guides: