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See below the tables showing the premium indications for Directors and Officers Insurance

Directors and Officers’ & Corporate Legal Liability

Hiscox Price Proposal Table

A member of our Broking Staff will be in contact with you to discuss your options and provide you with a bespoke quotation

Claims Examples

• Two directors of a company which was in liquidation, with a total deficit of £216,000, were held jointly for £75,000 damages (plus interest and costs) arising from wrongful trading whilst the company was insolvent.

• A director who accepted an order at a trade fair but couldn’t recollect the details the following morning found himself being sued by his customer for breach of contract.

• Directors of a construction company were successfully sued for losses incurred by an architect who relied on a director’s repeated assurances that a contract performance bond had been arranged.

• A company is suing the directors of one of its competitors for allegedly breaching trade practices

• Directors were prosecuted after their failure to identify the company correctly on the company notepaper and invoices in breach of the Companies Act.

Types of claims made against Directors

  • Employment claims
  • Breach of duty or trust
  • Negligence
  • Defamation
  • Health and safety or manslaughter claim
  • Wrongful trading under section 214 of the Insolvency Act 1986
  • Pension or employee benefit scheme
  • Pollution