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Professional Indemnity Insurance

The increase in successful litigation against directors and officers has led to an increased need for insurance protection. The Directors and Officers of more than 60% of UK companies are now covered by Directors and Officers Liability Insurance.

 

Directors and Officers Insurance:

Green Campbell Fisk's Directors & Officers Insurance solutions, or 'D&O insurance' are intended to protect the Directors and Officers of a company or organisation against liability claims from people who allege that in managing the business of the company or organisation the Directors and Officers breached a legal duty to them.

 

Essentially, D&O insurance can provide protection for claims that result from errors in judgement. Directors also have potential liability for not adequately performing their obligations or failing to exercise reasonable business judgement.

 

Claims against Directors and Officers can be brought by a wide group of people, including employees, customers, suppliers, creditors, bankers and regulatory groups and shareholders.

In addition, tighter UK and European regulation in the areas of health and safety, environment, employment and corporate governance is fuelling growth in litigation against company Directors and Officers. Issues leading to litigation can include wrongful termination, discrimination, harassment, dishonesty, fraud, financial reporting and health and safety at work.

 

Green Insurance Group work closely with the leading UK insurance companies, ensuring that you not only have the best insurance cover but also the most competitive quote. Use our call back feature and one of our staff will call you back.