Welcome to Business Insurance 24/7, a leading UK supplier for worldwide cover, on Directors & Officers Liability Insurance, Mergers & Acquisitions and Professional Indemnity Insurance.
Increased shareholder litigation is a growing fact of life for UK companies, particularly those with US exposures. With this increase in litigation comes a growing awareness of the responsibilities incumbent on directors and officers of companies.
This is especially true when the company makes a public offer of its securities. Signatories of a public prospectus have a personal responsibility for its contents and could, therefore, be found personally liable for the losses of securities holders arising from inaccuracies or misrepresentations within it.
This is just part of what the policy provides: