Every decision that directors and officers of a company make has the potential to be scrutinised by clients, employees, shareholders and peers.
As a business owner, it is vital to have the proper risk management in place so you can attract talented directors and officers to your company.
In today’s climate of increased corporate transparency and accountability, protecting your senior management from directors’ and officers’ liability exposures can be a significant challenge, making robust insurance cover a crucial aspect of your risk management programme.
At a glance, Management Liability cover provides protection for a range of claims including, instances or allegations of errors, omissions, negligence and a breach of duty by your senior management team. The cost of defending directors and officers can leave a business financially crippled, including risk of personal assets.
Below are some examples of how a policy could protect your management team and your company.
Call us today on 0345 862 2727 and speak to one of our team to provide you with a quote.