Directors and Officers Insurance
Get a QuoteDirectors and Officers Insurance
Directors’ and Officers’ (D&O) insurance provides financial protection for senior executives in the event of legal action, or claims made against them personally. This insurance can help cover legal defence costs, settlements, and other expenses related to regulatory investigations, defamation cases, workplace injuries, privacy breaches, criminal allegations, and more.
D&O insurance is important as senior executives are often held personally responsible for decisions and actions. Claims can be made against them by employees, the company itself, or third parties. Without insurance, these individuals may be at risk of losing their personal assets in the event of a claim.
In addition to protecting senior executives, D&O insurance also helps protect the company’s balance sheet. In cases where indemnification is unavailable or there is a securities class action against the business, the insurance can provide financial support.
Providing Directors’ and Officers’ (D&O) insurance for executives not only protects your personal assets but also reassures potential candidates when recruiting for talent. It offers balance sheet protection for the business and demonstrates a commitment to the well-being and security of senior executives.
Why would I need Directors and Officers Liability Insurance?
- Investigation expenses
- Corporate manslaughter
- Pollution
- Former directors and non-executives
- Mergers and acquisitions
- Health and safety at work
- Data Protection Act
- Disability Discrimination Act
- Racial, sexual and age discrimination
- Insolvency Act
- U. directives and regulations
- Consumer protection
Directors and Officers Insurance Covers Available:
- Directors & Officers Liability
- Corporate Liability
- Options to include: Employment Practice Liability, Pension Trustees Liability, and Crime