When assembling a board of directors for an organisation, they will usually insist on directors and officers liability insurance cover.
When assembling a board of directors for an organisation, they will usually insist on directors and officers liability insurance cover. The directors and officers of a company have a number of duties and responsibilities – D&O liability insurance policies are designed to protect directors and officers in the event that legal action is brought against them regarding a failing or perceived failing to uphold these duties. Because members of the director’s board can be held personally responsible for the actions of the company, this covers their personal assets, should such a case arise.
A typical policy will include employment practices liability, fiduciary liability, and cover to protect against legal action for harassment or discrimination on the behalf of both employees and the general public.
At Rapid, we recognise that no two companies are alike. For that reason, we ensure that our insurance policies are tailored to match the needs and circumstances of your business, regardless of structure or requirements. Our directors and officers insurance covers the cost of legal expenses, settlements and damages that may be awarded as a result of any claims.
Our directors officers insurance policies can provide protection against claims brought about by:
For a directors and officiers liabiltiy insurance quote tailored to your circumstances, call Rapid Cover now to discuss your needs – 01204 392 525.