Also available as Takaful
All of our risk management solutions are available as Sharia'h compliant Takaful. Speak to our specialist Takaful consultants today.Get in touch
wherever you are
Howden has offices in 30 countries and a network of partners in more than 60 locations. Whether you’re a multinational looking for a broker that’s truly global, or a smaller business looking to insure your local needs, we can help you.
There are plenty of insurers willing to take on this risk. The challenge is choosing the right one. Your Howden risk consultant will endeavour to secure the most comprehensive protection for you, at the right price.
In the event you are sued personally for actions taken in the course of running your business, D&O Insurance is there to pay for costs relating to mounting a defence, and any damages or settlements relating to the matter.
Any allegation made by a third party against a director or officer, no matter how frivolous, needs to be vigorously defended, otherwise there is a risk of judgement being entered in default of a defence.
Directors’ personal liability for the performance of a company is unlimited. If the shareholders want to sue for mismanagement, they can - and do, quite frequently.
The last few years have seen a rise in claims on directors’ and officers’ policies, due to more stringent governance guidelines and increased oversight by regulators.
Other areas that give rise to claims include:
Directors and officers can be held liable for their own actions and inactions – and the actions of their co-directors. Getting the right protection in place means you can do business with confidence.