There are now over 200 ways of breaching the laws and directives concerning the directors and officers of companies. The increase in legislation and its wider enforcement is set in the context of an ever more litigious society demanding greater protection for employees and consumers.

Claims typically emanate from four groups:

• Employees
• Investigations by governmental or regulatory bodies
• Shareholders and financial institutions
• Creditors

Directors and Officers Liability insurance provides protection for all decision makers in a company against claims which allege a dereliction of duty of care in running and managing their business. The policy also covers damages and legal defence costs.

Claims against the corporate entity leave the directors of small to medium privately owned companies particularly vulnerable. These directors almost certainly have an equity interest and therefore any loss by the company will have a very real impact on the individual. Some insurers offer cover for the company as well as the individual.

Surprisingly cover need not be expensive. If you would like us to obtain you a premium indication, please contact Martin Hennell or send your business plan and financial projections/accounts to Richmond House, 16-20 Regent Street, Cambridge CB2 1DB.

We would be delighted for you to become a client.

Contact us: commercial.insurance@nwbrown.co.uk

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