01323 648000
Why do you need Directors and Officers Liability Insurance?
Here's just a few areas where claims could be made against you:
- Health & Safety at work act
- Data Protection Act
- Transparency Obligations
- UK Companies Act 2006 (hundreds of possible offences)
- Racial and Sexual Discrimination
- Ageism and Disability Discrimination
- Insolvency Act (wrongful trading)
- E.U. Directives and Regulations
- Consumer Protection
We could go on if you like, but if you're still unconvinced may be we should explode some myths.
- Directors have limited liability - NO THEY DO NOT!
- I don't have a title director, so I can't be held liable - YES YOU CAN!
- The company can indemnify us - NOT IF IT GOES BUST!
- We are only a small company - THE SAME LAWS GENERALLY APPLY!
- They cannot touch my personal assets - YES THEY CAN!
If none of this has changed your mind you are truly an exceptional director! On the other hand, if you would like to find out more about costs and cover to protect your company's directors and officers from being sued, visit our Directors and Officers Insurance website.
