The difficult economic state the UK and others are currently
experiencing has led to the popularity of Directors Insurance. It has become
one of the more significant insurance products in 2013 with directors becoming
far more aware of an increasingly litigious society around them. Those at the
helm of a business are coming under increased scrutiny from shareholders,
employees and other stakeholders to act in the best interests of the company
and comply with their statutory duties.
This year has seen an increase in this type of claim, yet
dangerously many British directors and company officers do not have adequate insurance in place. Do your research, and you shall find this type policy
should be a priority for you and your business.
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