Directors and Officers
Directors and Officers Liability Insurance protects company directors, officers and senior managers against claims arising from their decisions and actions taken whilst managing their business.
Directors and Officers insurance is today still a very low uptake with only 7% (2007) of businesses in the UK protecting themselves yet the threat from claims against them is as high as ever in todays claim culture.
As well as claims culture the Companies Act 2006 has increased individual directors exposure in the UK and this exposure is the highest in the UK’s small to medium enterprise market yet this market is the least aware of the benefits that Directors & Officers Insurance can provide.
So where can a claim come from:
- Companies Act 2006 (non-compliance)
- Corporate manslaughter
- Data protection
- Racial, sexual and age discrimination
- Disability Discrimiation Act
- Heath and Safety at Work
- Former Directors/non-executives
- Pollution
- Investigation expenses
- Insolvency Act
- EU Directives and regulations
- Consumer protection
- And more!
With Scrutton Bland we can assist with:
- Helping you to understand D&O insurance
- Providing you with a simple D&O declaration to proceed with cover
- Providing competitive premiums
- Providing continued support with policy servicing and claims
- Provide cover with reputable insurers that provide expert claims assistance, coupled with the strength of an being 'A' rated capacity - please visit Standard & Poor's website
Cover is available for the small business, large companies with a turnover of up to £100m, Clubs, Associations, Charities, Not-for-Profit Organisations, Committees.
Option to include Trustees Indemnity, Entity Extension or Corporate Liability -
Providing cover for the Entity (the Company) in respect of specific situations which arise in the UK, Professional Liability and Employment Law Protection.
To receive a quotation or discuss your enquiry, please complete our Quotation Request Form or call us on 01206 838400 for one of our advisers to discuss your enquiry.
