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Provides essential protection against the cost of claims being made against you from third parties.
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Directors are ultimately responsible for an company, they are where the buck stops, they have responsibility to many people including; the employees, members of the public, investors and regulators. The directors can also be open to personal liability, meaning and claims or fines could come against them personally.
We can provide cover which will protect you against the following:
• Health and safety claims
• Corporate manslaughter claims
• A breach of duty or trust
• Wrongful trading
• Administration of pension or employee benefit scheme
Do I need Directors and Officers Insurance if I am a limited company?
Just because a company is limited it doesn’t mean the directors are, a director can have unlimited liability for things like claims of negligence.
GDPR and Directors and Officers Insurance
The Forum of Insurance Lawyers think that GDPR legislation will leave directors more exposed to claims, also GDPR has highlighted the value of personal data, so there is likely to be large fines and negative publicity for early breaches of these regulations.
Working alongside One-Direct is a real joy. They are very helpful to us at Care after Combat in providing insurance solutions and advice that meet our needs. As a charity, we find their products reliable and more importantly they deliver… they do what is says on the tin!