Don’t Risk Everything – You Can Be Sued By:
- Creditors
- Shareholders
- Bankers
- Customers
- Suppliers
- Regulatory agencies
- Government bodies
- Employees
Whether in a public or a private company, today’s directors are now legally more liable for their actions than ever before.
Traditionally, most actions against directors were brought by dissatisfied shareholders, usually in connection with mergers or acquisitions.
Increasingly, however, more emphasis is now being placed on the shareholder concept whereby directors need also take into account the interests of their employees, customers, suppliers and the community at large.
The top threats facing directors and officers (D&Os) have remained unchanged in recent years: cyber-attacks, data loss, and cyber extortion. This persistent reality underscores the critical need for D&Os to prioritise robust cybersecurity measures.
These ever-present risks demand constant vigilance and proactive strategies to protect companies and their leadership.
What Is Covered By Directors and Officers Insurance?
Protects the directors and officers of a company and can be extended to include associated companies and appointments held by directors in an outside company.
The policy provides indemnity to the director for legal liability arising from a wrongful act, to cover the cost of representation or defence in civil or criminal proceedings or in official investigations into the affairs of the company.
Your company’s liability may be limited – but yours is not! So, don’t take the risk!
Our friendly team is here to help – fill out our web form or call us at 01427 671 606 to discuss your specific needs and get a quote.
