Premier Directors’ and Officers’ Protection

Directors’ and officers’ liability insurance is “The defence policy for your personal assets”. Committee members, directors, officers, proprietors and owners are increasingly at risk of facing legal action for alleged professional wrongdoing. It’s included to make sure they’re protected. Find out all about D&O insurance here.
Frequently asked questions:
  • What are the benefits of Directors’ and Officers’ (D&O) liability insurance?
Directors’ & officers’ liability insurance can protect your senior people against compensation claims made against them by shareholders, investors, employees, regulators or interested third parties. These claims are concerned with alleged acts of professional negligence and not intentionally committed illegal acts. D&O insurance can cover your committee, directors and key managers from breaches of the criminal law and the civil law as well as infringements of best practice regulations.  It can cover your committee and managers against any awards for damages, fines and legal fees involved in claims made against them while acting for the club.
  • Can you give me an example?
If your members get together and decide that your Treasurer or Club Secretary has made a misleading statement in your annual report, then they could sue him for professional misconduct. As a further example, the Health and Safety Executive could bring a claim against your committee for corporate manslaughter in the event of a fatal accident in your club.
  • Did you know?
The biggest jump in directors’ and officers’ liability insurance claims in 2012 was triggered by infringements of regulations. These totalled 23% of reported claims – up from 19% in 2011 and 16% in 2010*.Source: Towers Watson