Many SMEs don’t buy some form of D&O insurance because they think it’s more suited to large corporate companies. Even if your client is a small SME, if it can be shown that they didn’t perform their duties with reasonable care and skill, they can be held liable.
"Estimates vary, but up to quarter of SMEs now buy insurance that incorporates directors’ & officers’ (D&O) insurance."
Please direct press enquiries to Lucy Parry, Marketing at email@example.com or by calling +44 (0)20 7680 2937.
A subsidiary of Tokio Marine HCC, HCC International Insurance Company PLC is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Registered in England and Wales No. 01575839. Registered office: 1 Aldgate, London, EC3N 1RE.
© 2016 by Tokio Marine HCC.