Directors and officers and EPL insurance in a plain English nutshell
Alan will briefly explain the history of D&O and explain how the market place is changing, including the fact that many more directors are being sued individually coupled with the fact 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!
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 Chandler is widely regarded as one of the leading insurance trainers and presenters in the UK and importantly 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.
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