Directors’ and Officers’
Directors’ and Officers’, or D&O as it is often referred to, offers financial protection against potential defence and damages costs to the leaders of an organisation should a claim be made against them by customers, third parties or through official investigations.
Whilst most businesses have Employers’ and Third Party liability cover in place, this will not usually cover personal proceedings against directors. At Miles Smith we can work with you to understand your risks and mitigate against them by arranging tailormade cover. And, whilst the legal definition of a director is clear, the same cannot be said for an officer. We’ll help you identify all those at risk and create solutions that keep them protected.
- What’s typically covered?
- Claims made by investors or other shareholders
- Defence costs, compensation and fines as a result of a health and safety claim form an injured employee
- Defence costs and fines from your personal involvement with the administration of a pension scheme
- An employment claim
"Miles Smith staff are friendly, extremely approachable, responsive and very much work with us, allowing us to get on with the day-to-day running and growth of our business"
Group Finance Director, Belfield Group
"It makes things a lot easier, particularly when insurance isn’t your area of expertise. You want someone who understands how you’re set up, the way your board is, how you have to get things approved, and that you’re commercial, but do have other aspects."Read more
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Can you create one policy for all my contents?
Yes, we can. Our process involves a thorough appraisal of all your contents, whether that’s a fine art collection or prestige cars, before creating a bespoke policy that is designed just for you.
Can you cover my property outside of the UK?
Our policy can cover holiday homes throughout the world. We will work with you to understand the unique risks in the country where your holiday home is before creating cover that keeps your holiday home protected.