The emergence of "claim culture" on a global scale means that today's directors, officers and senior managers are increasingly being held personally liable, in respect of claims from aggreaved parties, including: shareholders, employees, creditors and competitors.

Insurance to cover directors and other senior personnel is no longer limited to just larger corporations. Directors of companies of any size can now find themselves at serious risk.

COMBATTING LIABILITY CLAIMS

Peter Lole & Co strongly recommend that Directors and Officers insurance should be considered an essential part of any business insurance portfolio.

Policy cover can include Liability at Law as a result of Breach of Trust, Breach of Duty, Breach of Contract, Neglect, Error, Omissions, Mis-statement, Misleading Statement, and other covers according to your business needs and/or exposures.

A vital element of securing adequate cover is a comprehensive understanding of the potential areas for liability that may apply and our team of specialist advisers devote considerable effort to establishing the risks our clients may face, before advising on the policy requirements to provide the protection required.