Directors & Officers Insurance
Your business’s directors and officers often have to make tough, complex decisions whilst carrying out their duties. No matter how cautious they may be, mistakes sometimes happen. Have you considered what would happen if an error of judgement by your managing director resulted in injury, loss of life, or financial disorder such as bankruptcy?
Directors and Officers Liability Insurance offers vital protection in the case of claims which may arise as a result of senior staff actions. Whether a wrongful act is proved or simply alleged, fighting a case against employees, stockholders, creditors, tax authorities or liquidators can incur major defence costs and financial losses.
Businesses of all kinds can benefit from this cover, from manufacturers to IT companies. A complex and often misunderstood area, The Insurance Centre team’s commercial insurance experience can make arranging a policy easy.