There are many and varied groups of people or bodies who can bring actions against directors: employees, the government, competitors and, more frequently, shareholders. The legal environment is becoming increasingly hostile with directors being held ever more accountable for their actions or lack of action.

With such a lot at stake it is vital to buy the right levels of cover for directors when litigation is an ever present threat. We have created the Elite D&O policy for areas of responsibility owed by directors and officers and the potential risks faced by them in the managing of their business. The policy, through regular reviews of the legal environment, remains at the cutting edge of cover available in the UK market.

Features

• Pollution defence costs up to a specific limit
• Non-executive special protection cover in the event of fraud or dishonest acts of other directors
• Executive assistance - 24 hour legal help-line
• Corporate killing - provision for defence costs for insured directors

Benefits

• Financial protection for liability imposed on people whilst acting in their capacity as a director or officer
• Allows the senior management to concentrate on running the company free from constraining fears of personal litigation arising as a result of their activities as directors and officers of the company.

Brokers requiring further information or discussion regarding a specific enquiry should contact their local ACE D&O underwriter.