Directors & Officers Insurance

Directors and Officers insurance typically covers the personal liability of directors and officers
of a company for losses or advances in legal costs when defending alleged wrongful acts in their
capacity as company executives. This can include civil, criminal or regularity proceedings.
It does not, however, cover legal costs when defending intentional illegal acts.



Wrongful acts include:

• Breach of trust
• Breach of duty
• Breach of Companies Act
• Failure to comply with regulations or laws
• Misrepresentation
• Negligence
• Wrongful trading

​​​​​​​If your company has directors or key managers, directors’ and officers’ liability insurance can cover
the cost of compensation claims made against them by shareholders, investors, employees, regulators
or third parties.

Directors and officers have specific duties, responsibilities and powers relating to their positions. These
are usually set out in their job description or terms of reference. If a director or officer of your company
is found to have acted outside of their terms of reference, civil, criminal or regulatory proceedings can
be brought against them.
​​​​​​​
Directors’ and officers’ liability insurance covers the cost of defending these proceedings, as well as any
compensation costs that arise from an unsuccessful defence.

For more information or for a quote, please call us on 020 8552 5521 or e-mail us at enquiries@moneywiseplc.co.uk