In today’s business climate of corporate transparency and accountability, an organisation’s officers and directors face a myriad of employment-related exposures. Claims can come from many sources, employees, regulators, shareholders, creditors, customers, etc.
Ever-changing regulations, increased employee awareness of employment rights as well as the rise of shareholder activism means directors are more frequently at risk, translating to rising claims and escalating settlement costs.
A D&O policy provides defence costs and indemnity cover to the entity listed on the policy declarations, which may include:
Please get in contact with Movo Professional Risks to discuss your renewal and see how we can add value.
kevin@movoprorisks.co.uk
