Directors and officers insurance

Directors & officers are held in a high priority position not only for their connection to the business or company but also for their responsibilities. Director & officers are directly responsible for the work carried out by their staff and all other relations to third parties and clients. It is the responsibility of the directors and officers to obtain the employers liability insurance and if required or necessary professional indemnity insurance, as any claims made that would fall under these acts would leave the directors & officers liable.

Protecting directors and officers from direct third party claims

The responsibilities of directors & officers include a variety of areas these include the health and safety of staff and clients within the office or work environment. Perhaps one of the biggest causes for claims in the professional and trading business are accidents in the workplace. These claims can vary from company negligence to a complete disregard to health and safety regulations. In some instances the injured person may wish to seek compensation from the director rather than the company as they feel it was their negligence rather than the companies. Insure My Liability provides you with cover protecting you against a worker taking legal action against a director or officer rather than the company.

Should an employee or third party wish to take legal action against a director or officer directly rather than the business this policy will provide you with legal cover. Should a business director or officer be deemed as being accountable for acting outside their terms of business and a client or third party feels they are directly responsible for their loss or damage and seek recompense, our directors and officers insurance policy will provide them with the cover needed for compensation and legal fees. Although the directors and officers liability insurance may not cover if the act causing the claim is deemed to have been deliberate.