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Directors and Officers’ Liability Insurance

In today’s environment, directors, officers, and employees are personally at risk when making business decisions. 

Directors and Officers Liability Insurance covers directors and others against liability they might incur in carrying out the duties of a company director. It helps protect the personal wealth of your business’s directors and officers.

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Directors and Officers’ LiabilityWhat does it typically cover?

  • Expenses associated with defending legal claims brought against directors and officers.
  • Settlements or judgments that directors and officers may be required to pay due to covered events.
  • Cover for employment-related claims arising from wrongful termination, discrimination, harassment, or other incidents involving directors and officers.
  • Protection for claims alleging a breach of duty, such as mismanagement, negligence, or failure to act in the company’s and its stakeholders’ best interests.

Directors and Officers’ LiabilityWho should consider it?

If your business has anyone in an executive leadership or decision-making role, you should strongly consider this type of cover. Implementing Directors’ and Officers’ Liability Insurance can improve the business’s stability and effective governance.

It can also ensure your directors and officers can make decisions without considering the risk of losing their personal assets.

If you’d like to find out if Directors’ and Officers’ Liability Insurance is right for you and your business, contact the Team at Malcolm Flowers Insurances today.

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Call us on 0800 378 6328

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