Widely discussed but rarely understood, Directors and Officers Liability insurance provides protection to senior members of an organisation in which a claim may arise as a result of the decisions made and the actions taken within the scope of their usual duties. Policies cover the personal liability of these individuals as well as reimbursement of costs to the company in the case that it has paid the claim against the third party on behalf of its managers.
No matter how prudently you act, any manager’s decision can result in losses for the company or a third party, and the directors and officers who made those decisions can be held personally liable for those losses and can be involved in costly litigation.
Whatever your needs, M&P can help establish a policy that will protect you and your business when it really matters.
Having managed all insurance matters for The Royal Berkshire Shooting Group and Really Wild Clothing Company for over 10 years, we are delighted to recommend M&P Insurance Solutions. In addition to managing trading, property and land requirements, M&P managed to broker a scheme unique in the world of clay pigeon shooting resulting in the largest prizes ever being won in 2015. We look forward to working with them for many years to come.
Director, The Royal Berkshire Shooting Group
Commercial Testimonial 1
A fleet insurance policy would usually start with a minimum of three vehicles. We have no maximum fleet size and currently arrange insurance for fleets that have several thousand vehicles.
It depends which Insurer has provided the fleet policy but in the event that Legal Expenses is not included as standard, we can obtain a quotation to add this to your cover.
Breakdown insurance is generally not provided under a Credit Hire insurance policy however M&P Insurance Solutions can obtain a quotation for this extra cover on your behalf.