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Call
0115 907
5000 |
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Under the new Corporate Manslaughter Act,
Directors and Senior Executives can be held personally liable for
any claims bought against them. The potential liability can be
severe, both personally and professionally, with personal
bankruptcy, disqualification as a Director or even a prison
sentence as a consequence.
| Who can sue you? |
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And what for? |
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- Employees
- Shareholders
- Your company
- Creditors
- Regulators
- Customers
- Competitors
- Government
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- Mismanagement
- Negligence
- Unfair dismissal or discrimination
- Libel and slander
- Breach of duty
- Anti-competitive behaviour
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Anyone who feels they have suffered a loss arising from a
Director or Senior Executive wrongfully acting in their position,
can sue you, you don’t even have to have acted wrongly but you
would still need to defend it.
A common myth is that corporate limited liability status or
compulsory employer liability insurance will protect you from
personal prosecution or civil action, it won’t!
Towergate Directors & Officers Liability insurance is
designed to protect you and your business from the increasing
personal and corporate liabilities facing you today. It provides
cover for:
- The costs involved in a legal defense of
legal director, officer, employee and any damages awarded by a
court
- Costs resulting from the attendance or
representation of the Directors or Officers at, or in connection
with, an examination or proceeding in relation to any claim arising
out of a wrongful act.
A D&O policy gives you the peace of mind
to know that you’re covered, should the worst happen.
We can talk you through all aspects of the D&O liability cover
and it only takes a few quick and simple steps to provide you with
a quote and policy details to ensure your risks are
covered.
Contact us on 0115 907
5000 for more information or to receive a quote. |