Liability Insurance

Employers’ Liability is a compulsory insurance but there are many other forms of cover available to protect the exposures business are faced with in this increasingly litigious age.

 

Public Liability, Professional Indemnity, Directors and Officers and Trustees Indemnity are just some examples of other covers which can be purchased relatively inexpensively to provide you with adequate protection and peace of mind. Our experts put together exactly the right package of cover for every business.

Employers’ Liability

Employers’ Liability covers wrongful acts arising from the employment process. Cover generally includes damages, judgements, settlements and defense costs. Scenarios it could cover include unfair or wrongful dismissal, gender, age, disability or other discrimination, sexual harassment, defamation and many others.

Professional Indemnity

Professional Indemnity (PI) insurance, also known as Professional Liability insurance and Errors and Omissions insurance, protects your business in the event a client or customer alleges you have provided inadequate advice or service.

While only a few industries are legally required to hold it, it is strongly recommended any professional providing advice or a service for which they charge a fee, should consider this cover.

A PI claim might involve:

  • Breach of professional duty
  • Infringement of intellectual property rights
  • Defamation
  • Breach of confidence

If you’re not sure whether you need PI insurance, call us on 0207 256 7300 discuss your requirements.

Download our one-page summary:

Centor Summary: Professional Indemnity

Directors and Officers

Directors and Officers (D&O) cover protects directors, officers and managers of a company against their personal exposure to claims made against them arising from their decisions and actions. This could include accusations of sexual harassment, discrimination or wrongful discipline.

Directors could be exposed to claims from a wide array of individuals and organisations, such as employees, regulators, customers, creditors and government agencies. These claims would not be covered under any other type of liability insurance, but can be protected against by a D&O policy.

If you don’t have Directors and Officers insurance, or if you worry your existing cover is not adequate, call us to discuss.

Centor Summary: Directors and Officers

This protects the individual trustee and the Charity as a whole from liability arising from a wrongful act by a trustee. Given increasing amounts of regulation around the operation of charities, this exposure is increasingly concerning for even small charities, and without an insurance policy in place, the assets of the individual trustee can be at risk.

Trustee Indemnity:

This protects the individual trustee and the Charity as a whole from liability arising from a wrongful act by a trustee. Given increasing amounts of regulation around the operation of charities, this exposure is increasingly concerning for even small charities, and without an insurance policy in place, the assets of the individual trustee can be at risk.

Other insurance products you might be interested in: