Directors and Officers Insurance provides insurance to meet your needs. Are you a company director or officer? If you are then you may have extra responsibilities. For example, this could be a responsibility to your employees, members of the public or investors. As a result, you need to cover yourself in the event that things could go wrong for your company. However, this type of policy, also known as management liability insurance, makes sure that you are protected.
This is a type of policy will protect you against claims that you may be liable for as a director or partner. For instance, a claim may be made by the public or an employee in regards to health and safety. This could be due to negligence or defamation. Consequently, this type of policy can cover you against the costs of defending or settling these claims.