Directors’ & Officers’ Insurance
While having seniority can be both rewarding and a career highlight, it puts your directors and officers at a higher risk.
We all know that mistakes happen, and even the most senior of staff aren’t immune from making errors. However, the more responsibility you have within a company the more the mistake can have serious consequences. If your directors or officers commit a ‘wrongful act’, even if it was unintentional or unforeseeable, they could become personally liable for their actions.
Management teams are often under pressure. Directors and Officers Insurance can help to take the stress away if a claim is made against them.