Allianz research shows that only 34% of small and medium business leaders are aware of what cover Directors & Officers Insurance provides, with more than half of business leaders - SME and Mid Corporate - stating that they did not realise that a company director can beheld personally and legally liable for a business decision.
In partnership with DAC Beachcroft, Allianz have published a white paper called'Tough at the Top - Protecting your Key People', to explain the risks faced by company Directors and the protection that a Directors & Officers policy can provide.
This cover is highly recommended by Rigby Financial.
Allianz have produced a white paper on this subject providing information on the following:
- Director's legal position
- An overview of the legislative and regulative risks
- Protection under a D&O policy
- Overview of the state of the D&O market