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Directors and Officers insurance

Is a financial compensation policy that pays out when a director, manager or a person with a controlling influence within a business is found to acted negligently. Directors and Officers Insurance ensures that should they act in a way which exposes the business to a claim for negligence. As a consequence of their decision or a series of decisions exposes the business to a claim for damages. Directors and offices liability insurance will provide cover for financial compensations against the business. Your Directors and Officers insurance cover is a unique policy which cam about due to acts of directors in business causing injuries and sometimes death and previously having the ability to walk away from the problem by liquidating the company or business. Due to changes in legislation all persons which have a controlling interest in a business are personally liable for negligence.

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D&O- Insurance - Crosby Insurance

(definition) – Protecting directors and officers, including other employees acting in a managerial capacity, in the event that they are sued personally in conjuction with the performance of their duties. This includes negligence and failing to act in the company’s or to exercise reasonable business judgement

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D&O Insurance

Getting good D&O insurance is vital for your business and peace of mind. It means your insurers will stand with you should a claim occur against you and having good D&O insurance will ensure the problem gets managed.

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Directors and Officers Insurance

You can see now, that if you business particularly work in manual work then you must get directors and officers insurance for liability cover. You really cannot do without this and we can get you a very competitive deal for your directors and officers liability . All you need do is call us today on 0191 2130748 Crosby Insurance Brokers Newcastle upon Tyne are here to guide you through the process and provide professional advise. The premiums are not expensive, it’s in your interest to find out how much the directors and officers liability cover is. It’s free so don’t delay.

Let us explain the difference between Directors and Officers Insurance and Professional Indemnity Insurance.

We can also offers a combined policy with Public Liability included also.

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