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Directors and Officers

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What is Directors and Officers Liability insurance?

Directors and Officers Liability insurance – the insurance policy you need in place to cover the cost of compensation claims of alleged wrongful acts made against your key senior business directors/officers.

This cover will protect your key business associates from alleged wrongful acts such as breach of trust, negligence behaviour, misleading statements and business errors. To find out more information regarding the type of behaviour covered, contact our team today.

What is Directors and Officers Liability insurance?

Directors and Officers Liability insurance – the insurance policy you need in place to cover the cost of compensation claims of alleged wrongful acts made against your key senior business directors/officers.

This cover will protect your key business associates from alleged wrongful acts such as breach of trust, negligence behaviour, misleading statements and business errors. To find out more information regarding the type of behaviour covered, contact our team today.

Who needs this type of insurance policy?

If your company has directors or key officers, our ‘Directors and Officers liability insurance’ will protect them against the above alleged wrongful acts claimed by shareholders, employees or any further third-party associations. This cover will not only provide certainty and protect your company’s reputation – it will also cover the cost of compensation in relation to a claim made.

When placing your directors and key officers in a position of power, there’s a level of responsibility that comes with it. They are responsible to follow your company guidelines which are normally defined in the process of appointment. If a company director or key officer breaches your guidelines, civil, criminal or regulatory proceedings can be brought against them.

If you experience this type of breach and a claim is made, your insurance cover will protect you financially by compensating for the cost of these proceedings, along with the cost of an unsuccessful defence occurrence. Without this type of cover, there’s a high risk of disqualification, further legal costs and the possibility of criminal prosecution proceedings.

What doesn’t Directors and Officers Liability insurance cover?

This policy only covers a claim made against the wrongful act of your organisation’s directors or officers and will not protect you in the case of a claim made against your whole organisation.

Purchasing a policy here at Iam Insured

If you’re looking for this level of company protection or would like to find out additional information regarding our Directors and Officers liability insurance, contact our team today.

Additionally, if you would like to go ahead and purchase our policy here at Iam Insured, contact our team by telephone and we will kickstart the process by getting to know your business structure today.

Purchasing a policy here at Iam Insured

If you’re looking for this level of company protection or would like to find out additional information regarding our Directors and Officers liability insurance, contact our team today.

Additionally, if you would like to go ahead and purchase our policy here at Iam Insured, contact our team by telephone and we will kickstart the process by getting to know your business structure today.

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