Directors and Officers Insurance

As a Director of a limited company you accept unlimited Personal liability. One often hears about claims brought against directors made by shareholders, other directors, employees, the public and regulators. Even if the claim being made is proven unsuccessful and unjustified you may have to battle against it. This process can be very expensive and an arduous task for a director to go through.

Being a director, partner or officer of a company brings with it certain responsibilities – to employees, members of the public, investors and regulators. It also exposes the individuals holding the positions of director, partner or officer to personal liability for the actions or omissions they make in the performance of their company duties. This means that they can personally be the subject of claims which could lead to the payment of fines, compensation or imprisonment.