RMK Insurance Brokers have looked after the business and personal insurance requirements of our family for many years now. We value their flexible approach and practical advice; being able to deal efficiently with the full extent of our various policies is a great advantage. We are able to contact them at any time and get immediate answers, their staff are knowledgeable and friendly. We have recommended them on a number of occasions.
Get a Quote Now?Please note terms obtained are non-advised and are based on information provided by yourself. This is very cost effective and these cost savings are passed on to you in the competitive terms produced.
Directors and Officers liability insurance available online from £134.
Directors and Officers face unlimited liability. You can protect yourself against this by taking out Directors and Officers Liability Insurance. A quote can be obtained online and the policy cover arranged immediately with comparable quotes from various insurers including W R Berkley and Catlin (via our Directors and Officers liability insurance partner PIA).
As a company director or officer you have a multitude of diverse responsibilities. The duties of directors and officers has been established through statutes, regulations and case law and can be broken down into various areas. The duty of care and skill, for example, is a common law duty requiring directors to act with “the care an ordinary man would take in the same circumstances on his own behalf”, and with the skill expected from someone with his particular knowledge and experience. Directors also have a fiduciary duty to act honestly, in good faith and in the best interests of the company and must ensure that there are no conflicts of interest. There are also many statutes and regulations that affect the conduct of directors and officers, including the Companies Act 2006, The Modern Slavery Act 2015, Criminal Finances Act 2017, Defamation Act 2013, Insolvency Act 1986, Financial Services Act 1986, Environmental Protection Act 1990, Health and Safety at Work Act 1974, General Data Protection Regulation to name a few.
If a Director or Officer is perceived to have failed in any of their duties, then a claim could come from any number of third party sources, including shareholders, creditors, regulatory bodies, the Health and Safety Executive, employees, auditors, liquidators, customers and suppliers. How would a director or officer fund the legal costs necessary to defend themselves and to meet any awards made against them?
The cover is also tax effective as Directors and Officers liability insurance it is purchased by the Company and is a business expense.
Aside from Directors and Officers Liability insurance you can also add Entity cover to cover the wrongful acts of the company and Employment Practices Liability which can protect directors and officers against personal actions for wrongful dismissal and other employment related actions.
We can also assist with any other general insurance requirements you may have including key person insurance, professional indemnity, business, liabilities etc. Please contact us if you wish to discuss.
- Private & Business client in Dartford
I have used RMK insurance brokers for a few years now and they give honest good advice and are there when you need them – when you need to make a claim. On top of that they are really friendly to deal with -what’s not to like !Terry Maylin
I have introduced RMK Insurance to several of my clients and they have consistently provided impartial advice on all aspects of business insurance and have always delivered an excellent service. I have no hesitation in recommending them.Robert Mears
Business Management Consultant
RMK Insurance Consultants have been our brokers for the past 21 years for the simple reason that they have always achieved what is in our best interests. We have every confidence in their advice and thus safe in the knowledge that we have the right insurance cover for our business.Martin Cosgrove
M G Cosgrove Construction Limited.
We were recommended to use RMK when we started up our new company in 2012 and we have not looked back since. The main thing for me is that it takes all the work out of it for us and Kevin is always on hand for any insurance queries. We have always received honest friendly advice. With their expert knowledge of the insurance market, they have managed to obtain the best possible rates for us and have dealt with any claims efficiently and expediently. I would have no hesitation in recommending them to anyone, either an individual or a business.Katrina
Property and Personal Insurance
Excellent service, RMK has provided my company professional indemnity insurance for a number of years and it’s always diligent and hassle free.Jill Willis