Directors and officers liability Insurance (also written “directors’ and officers’ liability insurance”; often called “D&O”) is liability insurance payable to the directors and officers of a company.
Directors and officers (D&O) liability insurance protects the personal assets of corporate directors and officers, and their spouses, in the event they are personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company.
All businesses are different in nature, and there are multiple
factors that can affect the cost of your insurance.
All businesses are different in nature, and there are multiple
factors that can affect the cost of your insurance.
Some business insurance are mandatory by law:
There are a number types of business insurance designed to cover different areas and different business types. Inzurly provides insurance for professional indemnity, public liability, employers’ liability and more. Please explore the benefits of our cover today.
Your premium will depend on what type of insurance you are looking for and how large your business is. Factors such as turnover, number of employees and the location of your office or registered address are important for insurers to determine the cost of your premium.
Generally, business insurance is not required by law however businesses often acquire insurance to ensure that their business is protected against a number of risks. However, it should be noted that employers’ liability insurance is a legal requirement for businesses that employ staff in the UK.
A microbusiness is generally defined as a small business that employs less than 10 people.
Different insurance providers set different expiry dates for their quotes. If you would like to know how much time you have left to respond to your quote, please do not hesitate to get in contact with us and we will provide you with this information.
Inzurly offers a number of different insurance packages for a wide-range of business types. We do not charge admin fees when you need to make changes to your policy. Furthermore, we offer insurance packages for a competitive premium with a range of attractive discount offers. Explore more benefits of our cover today.
Certain types of business insurance such as employers’ liability insurance are a legal requirement in the UK and are therefore compulsory. Other types of business insurance such as public liability, professional indemnity and business emergency cover ensure that if your business is left damaged by a wide-range of risks, you will receive a helping hand.