Directors and Officers liability insurance is now an integral part of the risk management arrangements, but it is also essential for all kinds of other business and organisations.
The policy gives cover for company managers to protect them for claims which may arise through as a result of actions taken or decisions made whilst they undertake their regular duties. We have various in house facilities for this class which allows us to quote and bind risks at competitive terms without delay, for both private and public accounts.
Policies are designed to protect the personal liability of company directors and other officers as individuals and provides financial protection for the insured individuals against the consequences of actual or alleged "wrongful acts" when carrying out their managerial duties. All current, future and past directors and officers of an organisation and its subsidiaries would be covered which can also include non-executive directors in specific areas.