Liability Insurance

Directors’ and Officers’ Liability Insurance is arranged to protect any persons who holds the office of a director or within the management of a company.

Directors and officers owe a duty of care to their companies and any breach of duty may cause damages to the company as they can be sued and held liable for large amounts of damages.

Liability may arise out of lack of care and skill in the performance of a director’s duties and often it is the shareholders who will bring an action in the name of the company.