Directors & Officers Liability Insurance
Providing protection against compensation claims
Can you afford not to be covered?
Lansdown Insurance Brokers can provide Directors & Officers Liability Insurance for Limited Management Companies, Right-to-Manage Companies (RTM) or Residents’ Association
Directors & Officers Liability Insurance is cover that offers financial protection to directors, partners or officers of a company. It is designed to cover the cost of claims for compensation made against the insured individual.
What is Directors & Officers Insurance?
Also known as D&O Insurance, Directors & Officers Liability Insurance is cover that offers financial protection to the directors, partners or officers of a company. It is designed to cover the cost of claims for compensation made against the insured individuals.
As a director, partner or officer of a company you have many responsibilities – to employees, members of the public, investors and regulators. In any of these areas you could be exposed to personal liability for actions or omissions made in the performance company duties. You could personally be the subject of claims which could lead to the payment of fines, compensation or imprisonment.
Our directors & officers insurance cover means you can be confident that you and any other insured directors, partners or officers are protected against the cost of defending or settling many types of legal claim.
Please find below our annual premiums per Management Company:
| Number of Flats | Limit of Indemnity | ||||
|---|---|---|---|---|---|
| £100,000 | £250,000 | £500,000 | £1,000,000 | £2,000,000 | |
| 0-25 | £110.00 | £130.92 | £158.36 | £229.79 | £273.74 |
| 26-50 | £130.92 | £163.87 | £185.84 | £279.24 | £414.38 |
| 51-75 | £163.87 | £207.81 | £274.72 | £408.90 | £511.08 |
Premiums include IPT (Insurance Premium Tax) and our fee.
If your property exceeds 75 flats please contact us. You may also be interested in our flexible Block of Flats Insurance.
To arrange cover
Please contact us on 01242 524498 or email us.
You will need to complete the below proposal form:
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“I first became a client of Lansdown Insurance in 1981 at the age of 24. I am still a client aged 62 in 2019 and will be a client for as long as I need insurance. This is a positive choice which I continue to make rather than stasis, indifference or laziness on my part. Although there are many choices available, I would never hesitate to recommend the excellent service I continue to receive at Lansdown Insurance.” “