Directors’ & Officers’ Liability Insurance

What is Directors’ and Officers’ (D&O) liability insurance?

D&O provides protection for the management team in respect of claims arising against them in a personal capacity following allegations of the committing of a ‘wrongful act’ in the course of the management of your business.

Examples of how claims can arise

Allegations of mismanagement by external investors and/or shareholders
Breaches of the Companies Act
Trading whilst insolvent
Employment Issues
Health and Safety

MFL has developed a policy which specifically caters for the needs of science and technology businesses.

How do I get a quotation?

You can obtain a quotation by downloading the proposal form provided to the right. In addition to completing this form you will need to provide a copy of your Business Plan, including financial projections. If you do not have a Business Plan a brief business summary and a copy of your latest management accounts and/or opening balance sheet and future financial projections will suffice.

If you have already submitted your Business Plan under the Research and Development section you do not need to resubmit.