Low cost Online Business Insurance - Directors and Officers Liability
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Our online Directors and Officers Liability insurance is designed to protect Directors, Officers, Managerial and Supervisory Staff against their exposure to personal litigation as a result of 'wrongful acts' whilst carrying out their duties. Cover includes protection against the financial costs resulting from such litigation including any damages awarded, judgements, settlements and defence costs including investigation legal fees and expenses. Potential claimants can include employees, creditors, customers, competitors and regulators or trade bodies.
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Cover typically available includes:
Liability for 'Wrongful Acts'
Alleged breaches of duty or trust, neglect, errors, misstatements, misleading statements, omissions, negligent acts or any other acts wrongfully committed are included.
Cover for damages, settlements and awards
The policy will cover the financial cost of judgements and settlements awarded to the claimant as well as the legal defence costs, although civil or criminal fines and penalties imposed by law are not included.
Company Reimbursement
Automatic cover is provided for the company to the extent the law permits it to indemnify it's directors for a loss
Optional Extension: Employment Practices Liability (EPL)
Extension to include liability for claims resulting from Employment Practices such as: Actual or alleged unfair or wrongful dismissal, failure to furnish accurate job references, wrongful deprivation of career opportunities, sexual workplace racial or disability harassment of any kind and discrimination.
Optional Extension: Crime Insurance
Cover for the company against claims resulting from Employee Dishonesty such as loss of money resulting from an intentional fraudulent or dishonest act. Cover includes computer fraud and fraudulent account transfers.
Theft by employees
Option to include cover for the theft of money or goods of up to £5,000
Insurance
City Insurance Group
88-89 High St
Winchester
Hampshire
SO23 9AP
Tel: 01962 844848
E-Mail:
info@cityinsurance.co.uk
Service Excellence Since 1989
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City Insurance Group is a trading style of City Broking Ltd (No 7184645) Registered in England and Wales. Registered Office:
88/89 High Street, Winchester. SO23 9AP England. Authorised and Regulated by the Financial Conduct Authority (No 520574)
City Insurance Group is a trading style of City Broking Ltd (No 7184645)
Registered in England and Wales. Registered Office: 88/89 High Street, Winchester. SO23 9AP England.
Authorised and Regulated by the Financial Conduct Authority (No 520574) © 2016 City Insurance Group
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