Directors & Officers Insurance in plain English.

Given the spike in D&O and EPL claims that will rise due to the forthcoming recession understanding the basics of D&O cover has never been more important.

Alan Chandler, who is one of the most popular insurance presenters in the UK, will briefly explain the history of D&O and how the D&O market place is changing. These changes include the facts that many more directors are being sued individually and also that the amount of HSE prosecutions have trebled against individual directors since 2015.

This is no longer a cover that ANY director can ignore, and ironically if a director refuses D&O without consulting their fellow directors they have massively increased their own personal D&O exposure!

Will more D&O claims now arise against directors due to the recent Covid-19 outbreak - Alan will explore this possibility.

Too many brokers are saying to their clients that the maximum limit a company should set for D&O is the sum total of all the directors’ personal assets - this is wrong and will lead to a pi claim against that broker! Alan runs his own training and consultancy business, so does not come with any agenda for promoting a specific insurer's wording. This presentation will be focusing on how to make it easy to understand the main purpose of this valuable cover.

Learning Objectives
By the end of this event delegates will:

• Understand the benefits of a D&O policy.
• Be aware of a director’s duties at common law and statute.
• Be able to explain in plain English how the principal areas of cover operate.
• Be able to explain the impact of Limits of Liability, costs and awards on a claims made wording.

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