Directors, Officers Liability
Directors and employees with general managerial responsibility can be held personally liable for their actions at work.
This means that your personal assets are at risk. Directors and Officers Cover protects against the wide range of potential litigation - paying the legal costs of defence and any compensation payable.
The areas of potential litigation are wide ranging. For example there are approximately 200 responsibilities identified by the Companies Act. Competitors, employees and members of the general public can allege breach of any one of the responsibilities imposed upon Directors and Officers.