Welcome to Director Protect
Thank you for visiting the Director Protect site brought to you by Quantum Underwriting Solutions Plc.
Most company directors have heard of Directors & Officers (or Management Liability) insurance but many don't understand what it does nor the importance of having cover. As a result they don't arrange what could end up being the single most important insurance policy a company can have. Some also think that their Professional Indemnity insurance covers them for every possible type of claim which is doesn't.
In the most serious circumstances you could face a scenario that can lead to personal financial ruin, imprisonment or disqualification as a company director.
The legal framework in the UK continues to make people that run businesses more accountable and the remit and powers of every government agency continues to grow. In the past arranging D&O insurance has been seen as only being important for Plc's and other large companies to demonstrate good governance. This is no longer the case. In fact, the smaller the company and the fewer assets it possesses the more the need for D&O insurance increases.
The primary objectives of this website are to highlight the personal risks that company directors (and other senior employees) face every day and to explain the importance of arranging insurance that provides vital financial assistance if those risks materialise in the form of litigation or investigation.