Professional Indemnity, Directors and Officers

Professional Indemnity
 
You may not cause bodily injury or property damage in the course of your business, but a financial loss may be incurred by your clients and customers in the event of your error, omission or incorrect advice.
Insurance for all professions is available to protect these financial risks, both within the UK and Worldwide and policies can include jurisdiction overseas including USA and Canada.

Directors' & Officers' Indemnity

There are over 100 statutes where legislation escalates the possibility of legal action against a Director of a Limited Liability Company, Plc or Trustee, including Pension Funds and Charities.

Shareholders, creditors, competitors and employees are all potential sources of legal action. Where the personal liability of a director can be unlimited even the costs of defence can be substantial and protected by insurance. As there is no legal definition of an "Officer", anyone acting in a managerial role should also consider themselves vulnerable to claims arising out of:

• Errors & Omissions
• Breach of Contract
• Libel & Slander
• Mergers & Acquisitions
• Employment Practice Disputes (including unfair dismissal, harassment and discrimination)
• Health & Safety including Corporate Manslaughter
• Financial Probity and Tax Investigations
• Pollution

Cover can be extended to insure former directors and outside directorships and Entity cover is available to your business including Public Relations Crisis Management.

If you are a Director or Officer in your business, this insurance falls into the category “Don’t leave home without it!!”

For all enquiries please contact us on 0845 073 0879
or you can email us at insurance@ashwoodlaw.co.uk

You can also contact us by using any of the forms or links on this site, marking them General Insurance Enquiry.  

Ashwood Law General Insurance Services is authorised and regulated by the Financial Services Authority.

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