Directors and Officers Liability Insurance is a serious consideration for any Director or Officer, to protect you against the expenses of a claim, lawsuit, or other legal situations against you or the business.
This may not be an insurance you would have at first considered, but in the many years we have been working in this industry, the team at Hamilton Robertson have seen a rise in the number of Directors seeking this kind of insurance.
And it is clear to see why such a policy is important. Businesses have to operate with a huge wealth of complex and changing regulations and laws to abide by.
It can be difficult to keep up with the changing laws, especially when you are busy with the day to day running of your company. However, you will know that as a director you are obliged by law to act within these laws and regulations and one slip up can cost you considerably.
The risk of having to face claims is even more prevalent and this threat is the same no matter what industry you are a part of.
We have worked with many clients from a range of industries across Glasgow, Scotland and the UK – industries like hospitality, motoring, retail and construction – to develop complex Directors and Officers insurance policies that specifically suit that unique business.
This means that Directors of these companies can have the peace of mind that if anything were to happen, they have full cover in place to protect them.
Our Directors and Officers Liability Policy Could Typically Include:
Legal liability for insured persons arising from wrongful acts
Legal representation expenses
Reimbursement cover for the company
Investigation costs and expenses
Extradition proceedings costs
Criminal defence costs and expenses
Reasons why you need a Directors & Officers Liability policy:
There is an ever growing number of laws and regulations that as a director you are responsible to abide by.
Having the correct insurance cover minimises disruption to your business.
One managed policy, one renewal date and Hamilton Robertson working on your behalf.
Why use us?
We are the only Independent Chartered Insurance Broker in North Glasgow and our team can get to know your business to get the right level of cover in place for you.
We can provide advice based on many years in this field, and always work honestly and openly with our clients to give them the right liability policy.