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If I am involved in the management of a company, am I at risk of personal liability if an action is brought for damages or legal costs?
Yes, however taking advice and sourcing cover for Directors & Officers Liability will provide protection for you and your management team.

DIRECTORS & OFFICERS LIABILITY INSURANCE

What is Directors & Officers Liability?

If you are in a position of responsibility in a company or organisation then Directors & Officers Liability Insurance will provide personal liability protection against most claims that might arise from negligence, default, breach of duty or breach of trust on a civil or criminal basis.

A Common Misconception
It is a common misconception that employees and directors will not have any personal liability for actions performed in the course of their duties. In fact the personal assets of directors and officers can be claimed against to cover compensation claims and legal fees.

Protection with D&O Liability Insurance
Directors & Officers Liability Insurance will protect employees and directors and their personal assets such as their home.

D&O Liability Insurance from Bowlin: