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
"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
Buildings Insurance protects your business’s property should it be damaged by fire,...Read more
Contents and Stock
If there was an incident at your business premises and you lose...Read more
Contingency cover protects you financially should you suffer losses from an issue...Read more
The impact of fraud can be wide-ranging. Crime cover helps protect you...Read more
A cyber policy is designed to provide support and protect your business...Read more
Employers’ Liability, Public Liability and Product Liability
If you have employees then it is a legal requirement that your...Read more
Employment Practices Liability
Employment Practices Liability, sometimes referred to as EPL, provides cover to employers...Read more
Goods in Transit
If your business delivers or moves goods, then you will need goods...Read more
Legal Expenses cover is provided as an extension to a number of...Read more
Loss of Licence
Loss of Licence cover offers businesses protection against losses they may incur...Read more
Professional Indemnity, sometimes referred to as PI, provides financial support for legal...Read more
Trade Credit Insurance provides protection for businesses if a customer who owes...Read more
Trustee Indemnity cover offers protection for trustees and their charities in the...Read more
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.