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At Needham Insurance, we pride ourselves in providing you with the best and more cost effective cover you need. We have access to many policies and compare so that you do not have to. Our comprehensive knowledge in all insurance fields means that we will be able to help you every step of the way.
Directors and Officers Insurance provides indemnity for the Individual Directors and Officers of a company against their legal liability to pay damages to a third party claimants as a consequence of the third party having suffered financial loss through the negligent act, error or omission of the Director or Officer in his/her ‘managerial capacity.
In other words, it is a ‘Managerial Negligence’ cover.
Corporate governance reforms across the world in recent years have added significantly to the responsibilities of directors of companies. The legal landscape senior corporate individuals must navigate is therefore fraught – ensuring that they stay compliant with complex regulation is increasingly challenging.
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Protection for directors and officers, including the following coverages:
Needham Insurance Services can save you time and money on your D & O insurance. We compare policies of all the main insurance companies to find you the right cover at the right price.
Protection for the company, including coverage for: