Directors & officers Insurance Comparison

Find Insurance for Management, Directors and Officers Today With Tiger.co.uk

Compare Directors and Officers Insurance

Directors and officers insurance is a type of coverage designed to protect individuals if they are sued as a result of poor management or decision-making in their professional role. It protects personal assets and liabilities if legal claims are made by customers, clients, partners, investors, or other parties.

You’ll find great deals for cheap directors and officers insurance at Tiger.co.uk. You can quickly compare directors and officers insurance premiums quotes with us and choose the policy that meets your needs.

Do I need directors and officers insurance?

While there is no legal obligation to take out directors’ and officers’ insurance, you will be unable to protect directors and officers in the event of lawsuits without relevant cover. This could put a significant financial strain on your business and potentially damage your corporation’s reputation.

This type of insurance can protect against:

• Exclusion of the director or officer from their professional position
• Civil court proceedings
• Criminal prosecution

What is directors and officers insurance?

Directors and officers insurance offers liability cover against claims which may arise against business managers and those in managerial roles. It is essentially to keep the personal assets of managers safe against the costs of claims made against them.

What does directors and officers insurance cover?

It all depends on the type of policy you choose. However, premiums typically cover the likes of discrimination, negligence, accounting irregularities, reporting errors, and health and safety failure. With some policies, you can often widen coverage by purchasing add-ons.

Directors and officers insurance can help cover your legal bills if you are sued and provide compensation.

What does directors and officers insurance not cover?

This is based on the premium you opt for, but some situations may not be covered and these could include fraud, criminal activity, and intentional wrongdoing.

What does directors and officers insurance cost?

This largely depends on the type of cover you opt for, based on your needs and risks. If you’re a company with less risk exposure, your premium will be significantly lower. However, if your business is constantly exposed to legal disputes, you would ideally need a wider coverage policy which may increase the cost.

Similarly, it will also depend on your industry, past claims history, and project type and length.

You can quickly compare a range of insurance quotes from hundreds of trusted UK providers with us, saving you both time and money. In turn, you’ll have the peace of mind that you have secured cheap directors and officers insurance to suit your business requirements.

Can I speak to someone about directors and officers insurance?

Yes, we’re always on hand to assist if you’d like further information about directors and officers insurance quotes or help with searching our database of providers. Get in touch today to talk to a member of our expert team about securing cheap directors and officers insurance. We can also help you find the best policy for employers liability insurance, commercial property insurance, and professional indemnity insurance.