Get instant quote

Directors & officers can protect you against the cost of compensation caused by

Unfair Dismissal Unfair Dismissal

Disqualification proceedings

Bad accounts Bad accounts

Allegations of financial mismanagement

Health and Safety Health and Safety

Breaches of health & safety regulations

Get instant quote

What is directors & officers insurance?

Directors and officers (D&O) insurance is a type of insurance that protects the individuals who serve as directors and officers of a company from legal defence costs if they are sued for alleged wrongful acts in their role as directors, partners, or officers.

This type of insurance is particularly relevant for small businesses in the UK as it can protect the personal assets of the directors and officers of the company.

Get directors & officers insurance for your small business from Lukango and:

  • Get tailored quotes in minutes
  • Get covered and all your documents the same day
  • UK-based expert support, online and on the phone
Hearts creative

Do I need directors & officers insurance cover?

Small businesses that have people with key responsibilities can be vulnerable to claims against their directors and officers. It can be costly to defend even if the claims are ultimately unsuccessful. D&O insurance can provide financial protection and peace of mind for small businesses and their decision-makers.
D&O  Insurance

Frequently asked questions about Directors & Officers

  • Can Lukango explain Directors & Officers insurance?

    D&O insurance can cover legal fees, settlements, and judgments arising from claims against directors and officers for wrongful acts. It may also cover costs associated with regulatory investigations and defence against criminal charges.

  • What factors can affect the cost of D&O insurance?

    The size and nature of the business, the financial stability of the company, the industry, the number of directors and officers to be insured, and what level of coverage can all affect the cost of D&O insurance. It is good to be smart here and think about setting a higher level of indemnity if your company is a business with a lot of cash in the pot.

  • Do non-profit businesses need Directors & Officers insurance?

    Yes they do. Non-profit organisations in the process of doing good need insurance cover no matter the nature of the business. The directors and partners of the business will still need to stick to the rules and regulations set out for them and having cover for defence costs, settlements and protection against allegations is a handy thing to have.

Get instant quote