Legal actions may be brought against management teams for a variety of reasons ranging from allegations of financial mismanagement to alleged liability for injury/illness or for loss of or damage to property. Therefore, board engagement with Management Liability insurance is critical to protect your business.

Our expert team will work closely with you, to understand how your business operates and the risks you face before crafting a bespoke insurance programme to protect yourself and your fellow Directors and Officers within your organisation.

We recommend that you catch up on our webinar “Directors and Management Teams – what is your personal exposure?” to hear from a panel of recognised experts in this specialist area to help you understand the risks you are personally exposed to and how businesses should be responding. You can watch the webinar on demand here.

All businesses face unique risks, so please get in touch with our expert team to ensure your business has the correct cover in place.

WHAT IS TYPICALLY COVERED?

Directors & Officers Liability (core) – provides protection for the Directors and Officers of a company for claims against them for wrongful acts committed solely by reason of their acting as a Director or Officer of a company

Employment Practices Liability (optional) – protects your company against financial loss from claims made by employees for a wide range of employment practice violations, including unfair dismissal or discrimination on grounds of sex, race, disability, religion, belief, or sexual orientation

Corporate Legal Liability (optional) – provides indemnity in respect of costs and awards for any allegations/claims made against the company (entity) as opposed to individuals

CASE STUDY: CLAIMS MANAGEMENT

Before working with Specialist Risk, the client was struggling to manage their drivers effectively, causing issues with the reporting of losses to insurers. Our dedicated claims team helped streamline the client’s claims procedures and brought their average reporting time down from 20 days to 2 days.

Read the Whole Case Study

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FAQS

Where is Specialist Risk Insurance Solutions located?

Our head office is in the City of London, the address is:

One America Square, 17 Crosswall, London, EC3N 2LB. We also have offices in Croydon and Ampthill, Bedfordshire however we are currently working remotely due to COVID-19.

Does my trade fall within Specialist Risk’s appetite?

We work with all types of trades across a multitude of industry sectors. Please call us to discuss your specific needs and our expert team will be happy to assist.

Request a confidential review of your insurance programme to find out how we can enhance your cover and reduce your premium

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