Directors & Officers Insurance

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What is Directors and Officers Insurance?

As a Director or an Officer of a company you make decisions to manage the business effectively.

We would be pleased to provide you with a free quotation and a detailed report for any of your business insurances, please get in touch to discuss your options further.

Claims can arise from failure in those duties and these can come from a number of parties such as Employees, Shareholders, Customers and Regulatory Bodies. These claims can be made in areas such as Health and Safety at Work Act, Racial, Sexual and Age Discrimination and Corporate Manslaughter. Our society now means even if you have done everything correctly, if someone thinks otherwise it may not stop them from trying to claim, be this a disgruntled employee, an annoyed competitor, or simply someone in the wrong place and the wrong time. A claim may be successfully defended, but in the meantime you personally will have had to spend time and money defending your case.

Often when claims occur the Directors or Officers personal assets are at risk. Market conditions are constantly changing with changes in regulation, on the increase, no win no fee solicitors being more readily available and a greater general awareness of third parties rights.

Directors and Officers Insurance covers legal fees for the defect of the claim and damages awarded.

Limits of Indemnity

Various limits of Indemnity are available from £100,000 to £5,000,000

Protect Your Reputation

Insurers have teams of Professional Legal Advisors who will not also help defend clients in court, but also protect their reputation.

Concorde Insurance Brokers provide quick and easy quotations with a choice of payment options available. We pride ourselves on our personal and efficient service, why not put us to the test?