Directors & Officers Insurance
As the director or chief officer of a company, you likely have the most say in the direction your business takes and the biggest role in its successes. However, as its most high-profile member you also shoulder the most responsibility, particularly if something goes wrong.
The leaders and key decision makers within a company have unlimited liability which means if their business is found to be in breach of health and safety regulations, or they face legal action from unhappy shareholders, they can find themselves personally liable for huge sums of money. Even if you’ve done nothing wrong, the costs of defending a claim brought against you can quickly mount which is why Directors & Officer Insurance is so important, to help keep you and your finances protected in these situations.
A typical policy can include cover for:
- Breach of regulation
- Breach of duty or trust
- Wrongful trading
To find out more about a Directors & Officer Insurance policy that’s tailored to your needs, simply talk to team at Gomm Insurance today.