Taking on the role of a Director within the Business can be a tough decision.  The responsibility of a Director carries many levels of accountability and means that you could be held personally liable for the Company and accordingly brought into legal action for the choices you make as its Director or Business Manager, in the day to day running of the firm

Companies can come under scrutiny for many unforeseen issues which could include aspects of employment and training, Health & Safety in the workplace as well as overall responsibility as a business for compliance with statutory and regulatory laws such as GDPR and the management of cyber security protocol.

Unlike Liability Policies (such as Employers Liability and Public/Products Liability) that provide cover for claims arising from property damage and bodily injury, Director’s Insurance specifically provides cover for a ‘wrongful act’, such as an actual or alleged error, omission, misleading statement, neglect or breach of duty.

It is a common misconception that Directors and Officers of limited companies have no personal liability for their actions within Business. In reality, business managers can be held accountable for poor decisions, mismanagement and other breaches of the Companies Act, even if their own actions were done with the best intentions.  As such allegations of negligence against directors can be extremely costly to defend, Director Insurance pays these defence costs as well as any subsequent compensation payments.

Risks without Directors Insurance

Ensuring that Directors have the right systems in place to protect against rising issues is essential to business development.  If directors and officers do not have insurance, they face a greater risk of not being able to defend themselves against issues such as:

  • Disqualification from holding the position of director
  • Civil proceedings which can lead to hefty legal costs and awards for damages
  • Criminal prosecution which can lead to fines and possible imprisonment


We are here to support you with Director’s insurance so that you have the confidence to make those important decisions which are needed to ensure the Business’ continued growth and success.

Crendon Insurance are specialist providers in:

  • Directors Insurance
  • Business Management Insurance
  • Commercial insurance
  • Startup Business Insurance
  • GDPR Insurance
  • Cyber Attack Insurance
  • Legal Expenses Insurance
  • Worldwide Business Travel Insurance
  • Motor Fleet Insurance
  • Keyman Insurance


Covers extend to include:-

  • Cyber Liability / GDPR Liability
  • Employers Liability
  • Property & Asset Protection
  • Contractual Liability
  • Professional Indemnity & Design Liability Insurance
  • Business Interruption
  • Legal Defence Costs for breach of Intellectual Property Rights

Useful Information for Directors

You can find out further information below on our other policies available: 

Commercial Insurance | GDPR Insurance | Cyber Attack Insurance | Intellectual Property Insurance | Online Retail Insurance |

Get In Touch


Natalee Bennett
Tel: 0121 45 45 100
Email: natalee.bennett@crendoninsurance.co.uk

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