Directors & Officers
Leading a company can result in action being taken against you and for this reason, Directors & Officers Insurance (D&O) is designed to offer protection to company managers from claims which may arise from the decisions and actions they take within the scope of their regular duties.
Managers can make mistakes – or be accused of them – and these can prove costly as they are personally liable for any decisions they make or actions they take. It’s not uncommon for the head of a company to attract legal action from regulatory bodies, shareholders, employees, clients and other parties. Defending against these claims, even if they are minor or false, can prove hugely expensive.
D&O Insurance supports good corporate governance by providing cover against the sort of oversights or contentious decisions that can often result in legal action. D&O Insurance can provide cover for things like breach of regulation, breach of duty, discrimination, unfair dismissal, libel, copyright infringement and more, giving you the support you need to run your company in confidence.