Directors & Officers Insurance

Naturesave’s Directors & Officers Liability Insurance, otherwise known as D&O Insurance, protects charities, company managers, directors and officers against liability claims which arise from decisions and actions taken as part of their day-to-day duties.  Essentially, Directors and Officers Liability insurance can provide protection for claims that result from errors in judgement.

More than 60% of UK companies are now covered by Directors & Officers Liability Insurance.

Tighter UK and European regulation in the areas of Health and safety, environment, employment and corporate governance is fuelling growth in litigation against company directors and officers in areas such as wrongful termination, harassment, discrimination, dishonesty, fraud, financial reporting and health and safety at work.

Managers can make mistakes and they are personally legally liable for them. Our cover is for individual directors & officers but it can also cover the charity or company if it has to pay a claim on behalf of one of their managers.

Potential Claims Scenarios

• Reporting errors
• Employment practices/ HR Issues
• Disclosure of confidential information
• Failure to comply with laws & regulations – eg. Health and Safety at work
• Making decisions that exceed individual authority

Claims against managers, directors and officers can be brought by a wide group of people including employees, customers, suppliers, creditors, bankers and regulatory groups and shareholders.

To obtain a quote for Naturesave D&O insurance, please complete and return a Directors & Officers Proposal Form.