Directors, partners, key officers and managers of a company have specific duties, responsibilities and power. With these roles comes additional responsibilities to employees, the public, investors and regulators. If a claim is brought against someone in the management team by shareholders, investors, employees, regulators or third parties, they can face disqualification proceedings, criminal prosecution or civil proceedings. Personal assets might be put at risk. Directors and officers liability insurance, also known as management liability insurance can cover potential risks such as breach of trust or duty, neglect, misleading statements, wrongful trading or errors. Directors’ and officers’ liability does not cover claims made against your organisation as a whole, only those made against individuals acting in their capacity as directors or officers.
Very few insurance brokers understand the industry as well as we do. For over a decade we have specialised in insuring and advising finance, technology and media companies about their risk. As specialists, we understand the risks of consultants and businesses, and what you need to support and protect your business. Working closely with insurers, and insuring all businesses types from self-employed to high-value FTSE companies and Family Offices, we offer insurance packages with comprehensive protection not available anywhere else.