Professional Indemnity, Directors & Officers
Professional Indemnity Insurance can help protect you if claims are brought against you by a client who is dissatisfied with the service you provide. It is most widely used by companies or individuals who provide a professional service or advice. Here at Ashby Wray Insurance Brokers we have established relationships with some of the country's leading Professional Indemnity Insurers and can help to find exactly the right policy for you. Our experienced team will be able to offer help and advice on exactly what levels of cover will be suitable for you.
Our high-quality policies will offer cover for compensation you may need to pay to correct a mistake, or cover legal costs due to negligence, such as making a mistake in your work or giving incorrect advice.
Directors’ and officers’ liability insurance (D&O) covers the cost of compensation claims made against your business’s directors and key managers (officers) for alleged wrongful acts. Without D&O Insurance, directors and officers face a great risk of not being able to defend themselves against;
- Disqualification from holding the position of director
- Civil proceedings which can lead to substantial legal costs and award for damages
- Criminal prosecution which can lead to fines and possible imprisonment
These are complex areas of cover and will provide valuable protection for you and your business, contact us today on 01902 420 461 to discuss them with a member of our highly experienced team.