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Slide Directors & Officers
Insurance
Cover for the top tier

Slide Directors & Officers
Insurance
Directors & Officers insurance is a liability coverage designed specifically to protect personal assets of a company's directors, as they can be held personally responsible for the decisions they take on behalf of the company. This insurance covers defence costs, settlements, and judgments arising out of lawsuits and wrongful act allegations brought against an organisation's board and executive leadership. Typical claims might include mismanagement of company funds, breaches of fiduciary duty, non-compliance with laws and regulations, or making decisions that are believed to have adversely affected company stock prices.
How does it apply to tech co's? For startups and scaleup companies, D&O insurance can be an invaluable asset. These organizations are often in dynamic stages of growth, making pivotal decisions that can attract scrutiny. The entrepreneurial spirit driving these companies, while fostering innovation, also comes with increased risks as business strategies are executed. If stakeholders, including shareholders, employees, competitors, or regulatory bodies, believe that directors and officers have failed in their duties, they might seek legal remedies. Moreover, securing venture capital or attracting experienced board members often hinges on having D&O insurance in place, as it provides a layer of protection and peace of mind for those assuming leadership roles. Explained Having D&O insurance ensures that the personal wealth of key decision makers is not at stake in the event of litigation. By doing so, it not only protects individual leaders but also benefits the company as a whole. With the safeguard of D&O insurance, leaders can make decisive, strategic moves without the looming threat of personal financial repercussions. For startups and scaleup companies navigating the complexities of growth and expansion, D&O insurance serves as a beacon, allowing leadership to focus on forward momentum while knowing they are shielded from potential personal liability pitfalls. Read our comprehensive guide to business insurance trending_flat

Slide How much cover
do you need?
Ultimately the level of D&O coverage you purchase will be dictated by the individual assets that a director wishes to protect. Limits of cover can range from £100k right up to £10,000,000 and beyond.

In some circumstances a specific limit of cover can be requested from investors looking to offer funds to your business, these limits typically mirror a percentage of the funds on offer, but it's always best to check.
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Slide We believe that insurance should be used as a vehicle to drive positive impact. That's why we commit 1% of our revenue to environmental and charitable causes and are proud members of the B Corp Movement.

Oh, and we're also required to inform you that we're Authorised and Regulated by the Financial Conduct Authority under reference number 810317.
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