The increase in successful litigation against directors and officers has led to an increased need for insurance protection.  The Directors and Officers of more than 60% of UK companies are now covered by Directors and Officers Liability Insurance.

Naturesave Directors & Officers Insurance or 'D&O insurance' is intended to protect the Directors and Officers any company or organisation, large or small, against liability claims from people who allege that in managing the business the Directors and Officers breached a legal duty to them.

Essentially, D&O insurance can provide protection for claims that result from errors in judgement.  Directors also have potential liability for not adequately performing their obligations or failing to exercise reasonable business judgement.

Claims against Directors and / or Officers can be brought by a wide group of people, including employees, customers, suppliers, creditors, bankers and regulatory groups and shareholders.

Furthermore, tighter UK and European regulation in the areas of health and safety, environment, employment and corporate governance is fuelling growth in litigation against company Directors and Officers.  Issues leading to litigation can include wrongful termination, discrimination, harassment, dishonesty, fraud, financial reporting and health and safety at work.

For more information take a look at the Directors & Officers Insurance claims scenarios.

To obtain a quote for Naturesave D&O insurance, please contact Naturesave on 01803 864 390 or complete and return a Directors & Officers Proposal form.

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