Directors And Officers Insurance

What is Directors And Officers Insurance?

When running a business, the onus is placed on the people in charge to make sure that people are kept safe, status is never abused, legislation is followed strictly and relevant duties are fulfilled appropriately. Also known as management liability insurance, D&O insurance can protect directors, partners and managers within your business against the financial implications of compensation claims. Different types of legal cases can be brought forward by employees, members of the public, regulators and investors if they believe wrongful acts have been made by members of your organisation. However, with the correct cover in place, any hefty court costs following an allegation will be covered by the insurer.

What does Directors And Officers Insurance cover?

If a director, partner or officer associated with your company is issued with legal proceedings as a result of improper conduct, negligence or error, the insured person can be protected against the cost of court fees, suitable legal representation and subsequent fines or damages. We believe it's important to take out D&O cover to give the key individuals within your company the best possible chance of defence, considering that some verdicts can mean disqualification or imprisonment. A law suit could be filed after:

• Abuse of trust
• Breach of duty
• Neglect
• Negligence
• Invalid statements
• Regulatory failure

Get cover for Directors And Officers Insurance

Our team has an abundance of experience placing cover for businesses of all sizes across Greater Manchester. We get to know your employment structure and how your company operates, then build a policy to protect the directors, partners and managers accordingly. We'll do the leg work for you, comparing premiums from a panel of trusted UK insurers. Ultimately, providing you with strong levels of cover at a price you are comfortable with.