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DIRECTORS' & OFFICERS’ LIABILITY

Directors’ & Officers’ Liability Insurance is a form of legal expenses cover for clients who are company Directors/Officers and therefore may be held personally liable to all parties that have any interest in the affairs of their Company.

Why do we recommend Directors and Officers Liability Insurance?

Here are just some of the areas where claims could be made against Directors'/Officers':

• Companies Act 2006 (hundreds of possible areas of non–compliance)
• Investigation expenses
• Corporate manslaughter
• Former directors and non-executives
• Mergers and acquisitions
• Health and safety at work
• Data Protection Act
• Disability Discrimination Act
• Racial, sexual and age discrimination
• Insolvency Act
• E.U. directives and regulations

We could go on if you like, but if you're still unconvinced maybe we should explode some myths:

Directors have limited liability - NO THEY DO NOT!
I don't have a title director, so I can't be held liable - YES YOU CAN !
The company can indemnify us - NOT IF IT GOES BUST!
We are only a small company - THE SAME LAWS APPLY!
They cannot touch my personal assets - YES THEY CAN !

To find out more about the costs and cover available please get in touch.

Call 01535 640457 or email alison@veritass.co.uk