Welcome to Directors and Officers Insurance
Welcome to Professional Insurance
Agents Ltd, a leading UK supplier for worldwide cover,
on Directors & Officers liability Insurance, Mergers & Acquisitions
and Professional Indemnity Insurance.
Why do you need Directors and Officers Liability Insurance?
Here's just a few areas where claims could be made against you:
- Companies Act 2006 (hundreds of possible areas of non–compliance)
- Investigation expenses
- Corporate manslaughter
- Pollution
- Former directors and non-executives
- Mergers and acquisitions
- Health and safety at work
- Data Protection Act
- Disability Discrimination Act
- Racial, sexual and age discrimination
- Insolvency Act
- E.U. directives and regulations
- Consumer protection, etc, etc.
We could go on if you like, but if you're still unconvinced may be we should explode some myths:-
Directors have limited liability - NO THEY DO NOT!
I don't have a title director, so I can't be held liable - YES YOU CAN !
The company can indemnify us - NOT IF IT GOES BUST!
We are only a small company - THE SAME LAWS APPLY!
They cannot touch my personal assets - YES THEY CAN !
If none of this has changed your mind you are truly an exceptional director!! On the other hand, if you would like to find out more about costs and cover to protect your company's directors and officers from being sued, click here to fill out our Directors & Officers Liability Insurance Quotation Form.
Any director or officers looking after a company should not act outside their own authority, or commit the company to transactions or agreements that are outside the law or outside their own companies memorandum or association, and to avoid placing themselves in a position where their personal interest conflicts with those of the company.
Anyone with a particular skill or qualification must exhibit a greater duty of skill than those without. e.g. director, officer.
Insurance and the law - The law now permits directors to be able to protect and insure themselves against any liability for negligence, default, breach of duty, and breach of trust, this can include insurance for criminal proceedings, that may be brought against a director or officer of a company.
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