Tag Archives: directors and officers
Directors & Officers: Motor Trade
Directors & Officers: Motor Trade What is Directors & Officers (D&O) Insurance? Director and Officers Insurance is sometimes known as “Management Liability” and it’s there to protect you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach…
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5 mega trends to watch in 2022
5 mega trends to watch in 2022 Global economic developments and insolvency exposures 2021 proved to be volatile for businesses and their officers, pummeled by a ‘perfect storm’ of exposures: from the economic downturn to a global pandemic to unstable political developments and an unprecedented warning of insolvencies to come. Markets are expected to remain…
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D&O insurance structure
What is the structure of D&O insurance? The structure of a D&O insurance policy depends on which of three insuring agreements are purchased (ABC policies are generally chosen, as these are standard form policies for publicly listed companies. For private or non-profit companies, only AB policies would be used) [see table]. Directors and officers are…
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Employment Practice Liability cover – what is it?
Employment Practice Liability cover - what is it? The Cause British law works on the principle that someone accused of wrongdoing is innocent until proven guilty. In the workplace this means that when handling a disciplinary issue with a member of staff the employer must follow due process, investigate the allegation and be sure that…
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D&O insurance explained
D&O insurance explained 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. 5 key insurance issues - Increased corporate governance means more D&O exposures - D&O insurance covers claims resulting from managerial decisions that…
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10 reasons why you should consider D&O Cover
Being a director is often challenging and potentially lucrative, but if the prospect of being sued is looming, it can be a lonely and alarming position. Directors and officers cover (D&O) provides a suit of armour in the face of legal action, with the insurer stepping in to provide guidance at the first sign of…
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Time to direct yourself to D&O Insurance
Heading up a company is not easy. Directors are governed by a plethora of laws and regulations threatening financial exposure and personal sanctions should any breach occur. It may not even be a result of their personal negligence. They may just have been unaware what others under their control and jurisdiction were doing. New legislation…
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Directors & Officers Insurance – do you know you could lose your ENTIRE wealth?
Many people mistakenly believe that as a director of a limited company, they have no personal liability in regard to their corporate actions and that is not limited just to directors, proceedings can be issued against people in almost any managerial or supervisory position. Could that be you? The truth is that while most corporate…
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Time to direct yourself to D&O insurance?
Heading up a company is not easy. Directors are governed by a plethora of laws and regulations threatening financial exposure and personal sanctions should any breach occur. It may not even be a result of your personal negligence. You may just have been unaware what others under you control and jurisdiction were doing. Many people…
Read more
