Your key staff may be crucial to the running of your business, but it’s exactly this level of responsibility that places them at risk. If you are a director or officer, you're accountable for your actions and decisions and, in today’s increasingly litigious society, could face claims against you from aggrieved shareholders, employees and clients. Even if these claims are false or for insubstantial amounts, the legal costs of defending against them can be hugely expensive, and will come directly from your pocket.
Directors & Officers Insurance helps protect you and your senior staff during claims of corporate negligence, breach of trust, wrongful dismissal and more by covering the costs of legal action, along with resultant damages or fines (excluding criminal fines). This empowers directors and officers to defend yourselves in the face of litigation, and protects you from financial risk.
For more information on Directors & Officers Insurance, get in touch with the team at Hinks Insurance today.