DIRECTORS & OFFICERS INSURANCE
Advice on Company Directors and Officers Insurance
If you’re a director, partner or officer of a company you’ll have extra responsibilities to your employees, members of the public, investors and regulators. That can be rewarding, but it also means you could be more exposed to a range of risks if things go wrong and your personal assets could be at risk. ERM’s company directors and officers insurance, also known as management liability insurance, makes sure you’re protected.
What does company directors and officers insurance cover do?
It’s there to protect you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach of duty, negligence, defamation or even pollution, our insurance will cover you against the costs of defending or settling legal or criminal actions.
When should I get company directors and officers insurance?
It would be great if you could predict when something might trigger legal action or a claim for compensation against you. But you can’t, so it’s a good idea to have insurance no matter what type of business you’re in. It’s better to know you’re protected against any legal costs, fines or compensation claims made against you than to face the financial burden yourself.
How much company directors and officers cover will I need?
The level of cover you need will depend on what you do for a living and the kinds of risks you’re likely to be exposed to. We can cover you from €100,000 to €10 million but your policy is as personal to you as your job is. We’ll work with you to figure out exactly what you need and we’ll tailor your policy to your sector and your role.