Directors and officers
Directors and officers (D&O) insurance is a type of liability insurance that provides coverage to the directors, officers, and executives of a company for legal defence costs and damages resulting from lawsuits or claims against them for alleged wrongful acts committed in their capacity as leaders of the company.
D&O insurance typically provides coverage for a range of claims, including breach of duty, negligence, misrepresentation, and other wrongful acts. It can also provide coverage for claims related to employment practices, such as wrongful termination, discrimination, and harassment.
D&O insurance is important for companies of all sizes, as directors and officers face a range of legal and financial risks in their roles as company leaders. Without adequate insurance coverage, directors and officers could face significant financial losses, and the company's reputation could be damaged.
D&O insurance policies can be customised to meet the specific needs of each company, and coverage limits can vary depending on the size of the company and the level of risk involved. It's important for companies to work with a trusted insurance agent or broker to assess their specific needs and select the right coverage options for their business.
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Leslie B Holmes (Securities) Ltd Trading as LBH Insurance, is registered as a limited company in England and Wales under company number 00473495.
We are authorised and regulated by the Financial Conduct Authority (FCA)reference number 310578.