Fiducia TogetherDirectors and officers insurance
Cover for claims against directors personally.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
Directors and officers insurance covers defence costs and, where insurable, damages arising from claims against directors for alleged wrongful acts in managing the company.
Why it matters
Directors' duties are personal, and claims can come from shareholders, employees, regulators, creditors and liquidators. The company's own insurance does not cover the individual.
What it looks like in practice
It matters most in insolvency, where the claimant is often the liquidator and the company can no longer indemnify. Run-off cover after you resign or the company is sold is the part people forget.
What to watch out for
Policies that lapse when the company fails, which is exactly when the claims arrive. Check the run-off provisions.
Where to get proper advice
A broker. Non-executive directors normally require it as a condition of appointment.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.