INSURANCE FOR BUSINESS

Directors and officers

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This insurance protects Directors and Officers (managers and directors) against the civil liabilities they may incur in the course of their profession.

Did you know that companies and organisations are exposed to possible legal claims from different stakeholders? 

But don’t worry: at our brokerage we offer directors and officers insurance that protects business leaders and managers from these unforeseen situations. Our policies cover the legal costs and compensation that may be needed in the event of claims for breach of contract, mismanagement, discrimination, workplace harassment, tax offences and many other contingencies.

Don’t wait until it is too late: protect your company’s leaders with our directors and officers insurance. Contact us and we will advise you on everything you need to keep your company safe from any risk.

Who could sue me as a director or officer of a company, and why?

  • Shareholders can sue for providing inaccurate information, breach of duties, insider trading, mishandled mergers or a poor financial situation of the company.
  • Creditors can bring a claim if a contract is unjustifiably broken or if the organisation is in an unsustainable financial situation.
  • Competitors can sue if there are breaches of market practices, patents or rights, or if unfair competition practices are carried out.
  • Buyers can sue if misleading, false or inaccurate information is provided or if relevant data is concealed.
  • Third parties who have been harmed by the mismanagement or negligence of the company’s management can also bring claims.
  • Employees can take legal action for breach of contract, discrimination, unlawful dismissal, workplace or sexual harassment, or collective redundancy procedures.
  • The public authorities can bring claims for tax offences or incorrect employment practices.
  • The company’s liquidators can also bring claims against the organisation’s former management team over decisions and actions that led the company to its current situation.

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