directors and officers liability including entity and employment practices cover - Angel Underwriting

directors and officers liability including entity and employment practices cover

This policy covers the personal assets of the directors and officers of private companies. It includes £100,000 aggregate limit for corporate liability (entity cover) and employment practices as standard.

product overview

  • Directors and officers legal liability with any one claim policy limits
  • Corporate reimbursement
  • Corporate liability limit £100,000 in the aggregate included
  • Employment practices liability limit £100,000 in the aggregate included
  • Defence costs included in the limit with no prospect-of-success requirement
  • Limits of indemnity up to £5,000,000 for directors
  • Zero deductible for D&O and corporate reimbursement
  • Deductible for corporate liability £1,000 any one claim
  • Deductible for employment practices £2,500 any one claim
  • For companies with turnover up to £100,000,000

coverage highlights

  • Investigation costs and expenses
  • Fidelity cover included
  • Breach of contract defence costs
  • Asset and liberty proceedings
  • Criminal prosecutions defence expenses
  • Public relations expenses
  • Corporate manslaughter defence expenses
  • Identity theft
  • Extradition proceedings defence expenses
  • Outside directorship cover
  • Pollution defence expenses
  • Automatic acquisition cover
  • Emergency defence expenses
  • Up to six years discovery period available
  • Retired directors run-off cover
  • Personal appointments protection for school governors or directors of charitable organisations
  • Regulatory crisis costs
  • Shareholders' derivative costs
  • Pension administrator's liability for money purchase schemes
  • Heirs, representatives and spouses extension

useful documents

policy summary


one page application form

claims example

angel risk management
3rd Floor, 1 Legg Street,
Chelmsford, Essex, CM1 1JS

telephone +44 (0)1245 343630
fax +44 (0)20 7784 8055

20 Gracechurch Street,
London EC3V 0BG

telephone +44 (0)20 8442 0000
fax +44 (0)20 8442 0000

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Angel Risk Management Limited is a subsidiary of AXA SA.