Directors and Officers Liability

Directors are more than ever, personally accountable for
their actions. They are now held responsible, to unprecedented levels, for the management decisions they make.

Claims brought against them for so called 'wrongful acts' can
put their personal wealth at risk. or can jeopardise the company's own financial viability if the company decides to reimburse the director or officer being sued.

Here are just a few areas where claims could be personally made against you whilst acting for the company:

Health & Safety at work act

Data Protection Act

Companies Act (over 200 possible offences)

Racial and Sexual Discrimination Act

Insolvency Act (wrongful trading)

Consumer Protection

•

E.E.C. Directives and Regulations eg; The Package Travel Regulations

The law however allows directors to be able to protect and insure themselves, against claims brought against them for the alleged 'wrongful act' carried out in the course of their normal business duties.

Directors and officers insurance provides cover for allegations of negligence made against the decision makers in the company.

Our policies extend specifically to protect directors against the consequences of a CAA Bond call under our Term 13 extension.

Travel Agents Office Policy

ABTA Travel Agents Office Policy

Tour Operators Combined Liability

Tour Operators Office Policy

Travel Insurance

Bonds

Directors and Officers
Liability