D & O insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties.
D & O policies cover the personal liability of company directors and officers as individuals but also the reimbursement of the insured company in case it has paid the claim of a third party on behalf of its managers in order to protect them.
Directors and officers have specific duties, responsibilities and powers relating to their position. If a director or officer is found to have acted outside of their remit, civil, criminal or regulatory proceedings can be brought against them
Some examples of alleged wrongful acts are:
- Breach of trust
- Breach of duty
- Neglect
- Error
- Misleading statements
- Wrongful trading
D & O insurance operates on a claims made basis or within a contractually extended reporting period. A policy can also have an often unlimited retroactive period.
We’ll talk you through the small print so you’ll know exactly what your insurance covers. And clearly explain any conditions of the policy, as well as inclusions, exclusion and excesses.
In short, we’ll make buying insurance for your business as quick and as simple as possible.
This is why more and more businesses call UKI Direct when they’re looking for industry specific low cost insurance which doesn’t compromise on cover.
Speak to one of our team today
No Call Centres, No Automated Messages!Call in office hours, and you'll be able to speak to a specialist insurance consultant straight away, who will talk to you about your business and the type of insurance cover you require.
Call 01347 822922 or 
