Directors of companies are facing increasing exposure from staff, regulators, banks, members of the public and the law.  However, many Directors continue to misunderstand the risks to both them and their personal assets and do not consider the relatively inexpensive protection offered by arranging a directors and officers liability insurance policy.

Directors and Officers Liability Insurance protects the company Directors, Officers and Senior Managers against claims arising from their decisions and actions taken whilst managing the business.  The insurance policy will pay on behalf of the Director, their legal costs and expenses and civil damages awarded against them.

The cost of a Directors and Officers policy will vary depending in the supplier and level of cover but as a guide, one of the Boswell Aftermarket key suppliers offer a basic £1m level of cover from only £200 per annum.

To speak to a member of the Boswell Aftermarket team regarding Directors and Officers cover, please contact 01603 723581. If you are an existing client, please contact your Account Executive, details of which can be found on our meet the team page.