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.

Ignition NBS