Directors & Officers
The requirement for Directors & Officers liability cover is increasing by the day and all Directors and Management are at risk.
It is not only for companies but for committees, charities, sports clubs and the like. Any director or an employee in a management role can be sued in their own personal capacity as a result of decisions they did or did not take and their personal assets can be at risk. D&O provides cover for breaches of duty by Directors and Officers in managing and directing a company’s affairs.
It includes personal protection for Directors and Officers for damages, judgements and defence costs for actual or alleged action or inaction on their part. Cover can be extended to include Entity Liability, Crime, Pension Trustees Liability and Employment Practices Liability – designed to protect employers against claims from employees for sexual harassment, discrimination, wrongful termination and other employment related litigation.