Articles in Category: Directors & Officers

A Second Law That Your Business Needs To Comply With This May

A Second Law That Your Business Needs To Comply With This May

With the GDPR dominating the headlines over the past year, the Privacy and Electronic Communications Regulations (PECR) has taken a backseat. Just like the GDPR, the PECR focuses on streamlining digital interactions with customers, and although it has existed since 2003, the law is getting a major overhaul in line with the GDPR. Read more here.

 

The Importance of Directors and Officers Insurance for Your Business

The Importance of Directors and Officers Insurance for Your Business

In February 2016, increased fines were introduced for breaches around corporate manslaughter, food safety and hygiene offences, and health and safety offences. Within the first twelve months the number of health and safety prosecutions against directors and officers tripled, yet many UK businesses still believe they do not need Directors and Officers (D&O) insurance and see it is an unnecessary and additional cost.

How GDPR Will Expand Your D&O Liability

How GDPR Will Expand Your D&O Liability

The 25th May 2018 marks the day that the General Data Protection Regulation (GDPR) is being introduced and the rules on data security for businesses are becoming stricter. This raises the issue that directors and officers carry more liability than ever before, and industry experts are wondering whether they will soon be held personally liable for cyber-breaches. Read hoe this may affect your Directors and Officers liability and what your next steps are.

D&O Insurance Explained - How To Manage Directors & Officers Risks

D&O Insurance Explained - How To Manage Directors & Officers Risks

Online and social media has heightened the visibility and scrutinisation of every single decision that company directors and officers (D&O) make.   Clients, employees, shareholders and peers will all have a view and opinion on the running of the business and these stakeholders may pursue legal action if they believe a decision which has been taken has adversely affected their best interests.   

To protect the company against these potential incidents you should look to arrange Management Liability Insurance, otherwise known as Directors and Officers (D&O) cover.