Directors & Officers

Protection for the personal liability that can come with leading and managing a business.

Leadership decisions can follow you personally.

Directors and officers can be held personally liable for decisions made while carrying out their management responsibilities. This exposure can arise even when decisions were made honestly, carefully and with the interests of the business in mind.

Directors and officers insurance helps protect individuals against claims alleging wrongful acts in their management capacity. This can include allegations involving governance, employment decisions, regulatory responsibilities, financial management or a failure to properly oversee the business.

Governance risk is not limited to large companies.

Increasing regulatory scrutiny and higher expectations from shareholders, employees, customers and other stakeholders have made directors and officers cover relevant to organisations of every size.

Directors of small businesses, family owned companies and not for profit organisations can face the same personal exposure as those leading larger corporations. In many cases, however, they may not realise that their personal assets could be at risk when a claim is made.

Personal liability protection

Cover for directors and officers facing claims connected with decisions or actions taken in their management roles.

Legal defence costs

Financial support for obtaining legal advice and defending allegations, investigations or proceedings.

Claims arising from management decisions

Protection against certain allegations involving governance, employment, regulatory compliance and the management of the organisation.

Protecting the people responsible for moving the business forward.

Directors and officers are expected to make difficult decisions, often with incomplete information and under significant pressure. Even when a claim is ultimately unsuccessful, the cost and disruption of defending it can be considerable.

We help boards and business owners understand where personal exposure may arise and how directors and officers cover fits within their broader liability programme. The level and structure of cover should reflect the organisation, the decisions being made and the responsibilities carried by the people leading it.

Protect the people behind the decisions.

Talk to Ede Insurance Group about protecting your directors, officers and board members against the risks that come with leadership.