directors and officers liability with optional entity and employment practices cover - Angel Underwriting

directors and officers liability with optional entity and employment practices cover

This policy covers the personal assets of the directors and officers of private companies. It offers the option to include full limits corporate liability (entity cover) and up to a maximum of £1m employment practices liability.

product overview

  • Directors and officers legal liability with any one claim policy limits
  • Corporate reimbursement
  • Corporate liability (entity) extension available up to the full policy limit
  • Employment practices liability extension available with limits up to £1,000,000
  • Defence costs and expenses included in the limit with no prospect-of-success requirement
  • Limits of indemnity up to £5,000,000
  • Zero deductible for directors and officers
  • Deductible for corporate liability (entity) £1,000
  • Deductible for employment practices liability £2,500
  • 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

QuickQuote Video

How to get a D&O Quote with Entity and EPL

In this video you will learn how to enter a new, directors' and officers' case into the Angel Risk Management quick quote environment with the option to include the corporate liability (also known as entity cover) and employment practices extensions. It shows you how to instantly generate quote documents and how to bind a case and generate instant policy documents.

useful documents

policy summary

wording

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
email info@angelriskmanagement.com

AXA XL
20 Gracechurch Street,
London EC3V 0BG

telephone +44 (0)20 8442 0000
fax +44 (0)20 8442 0000
email info@axaxl.com

© Angel Risk Management Limited © 2019 |Angel Risk Management Limited is an intermediary authorised and regulated by the Financial Conduct Authority (No. 718451)
Angel Risk Management Limited is a subsidiary of AXA SA.