The personal liability of a Director and/or Officer of a Company is unlimited, whereas a Company’s liability is limited by shares or by guarantee. When a claim or allegation of wrongdoing arises, a Director’s personal assets are at risk, and it is a common misconception that a Director can expect his or her company to provide indemnity. It is therefore essential a limited company effect a policy to provide financial support for defence costs for investigations, costs involved in appearing in court and legal costs to fight various forms of allegations, involving any of the Directors.
D&O insurance – covers the cost of compensation claims made against business directors and key managers (officers) for alleged wrongful acts.
Wrongful acts include breach of trust, breach of duty, neglect, error, misleading statements, wrongful trading. Directors’ and officers’ liability covers claims are made by regulators ie investigations by the Health and Safety Executive (HSE) or the Office of Fair Trading shareholders or investors eg for failure to act in the company’s best interest.
Our Directors & Officers policies are tailor made to meet your requirements. They provide a wide range of optional sections and allows you to choose the right cover for your needs. Policies are underwritten by the UK’s leading insurers which we believe provide excellent service and value for money.
Do you need to protect?
By choosing H&H Insurance Brokers to arrange your insurance we want you to know that you will receive the following levels of service:
Livestock are often the most valuable asset on a farm and with lambing underway, the financial implication of a large scale loss at this time of year could have a massive impact on a farmer’s income for the coming years so it’s important to review your cover.
H&H Insurance Brokers has won a Feefo Gold Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, rated by real customers.