directors and officers insurance

The policy name may suggest otherwise, but a typical directors and officers insurance policy can cover directors, officers, senior managers and non-executive directors, as well as your company itself. 

Because of this scope, it means it can cover claims of alleged wrong doing to protect both the business and the key decision maker against the costs of liable action under one policy. Allegations are unpredictable, and can come from shareholders, regulatory bodies, customers and employees. Fraud, personal profiteering, bodily harm and polluting are among policy exclusions, and it’s unlikely you’ll be able to arrange directors and officers cover if trouble is already looming. 

For this reason it’s sensible to get an idea of whether directors and officers insurance is going to be useful for your company and its activities, before any problems have a chance to develop. This is something on which the team at Eden Insurance will gladly advise you further.