Liability Insurance for Directors

The Articles of Association of most companies undertake protective measures for company directors in terms of the way the company is managed under their stewardship. The Directors Liability Insurance is the financial backbone to your company’s Articles of Association, by giving your company directors extra support in terms of litigation or other investigations, which could cost the company.

Sayce Insurance Brokers can help by creating bespoke liability insurance for your organisations directors. The importance of the Directors Liability Insurance cannot be over stated. It is predominantly a legal defence insurance policy that allows company directors the freedom, within the rules of law and within the agreed parameters of the company’s own Articles of Association, to manage and direct a company without fear of litigation.

Why do companies usually purchase Directors Liability Insurance? Most FTSE 500 companies will have such insurance protection measures; it helps to safeguard shareholder interests and allows the firm to recruit the very best employers to their board. However, research by the Institute of Directors has found that smaller companies are shying away from Directors Liability Insurance. Here is an example: Tesco which has Directors Liability Insurance, and also profits of £ 3.8Bn in 2012, can afford litigation regardless of the insurance, were as a small company with profits of £400k without Directors Liability Insurance would have to use either money from their profits or other sources to fund litigation. This trend needs to be reversed as companies of all sizes require Directors Liability Insurance to better protect their directors from litigious attacks.

Therefore, why not get in contact with Sayce Insurance Brokers today to find out how Directors Liability Insurance could help protect your business? Call the team on 01344 443 793

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PI Insurance For Computer Game Developers

The gaming industry is big business within the UK and across the entire globe. If you own a game development company, then do you have the required protection in place should an action be taken against you by a claimant?

Professional indemnity insurance is a must for any business, especially a game development company. As you know, there are many different stages of completing a game and publishing it. Along this journey, through to after the release of the title, a claim may be brought against you, such as intellectual property infringement. This could be extremely expensive to defend.

With professional Indemnity insurance, you can rest assured that should a claimant seek financial remuneration for a believed wrong doing on your behalf, then you won’t have to cover the cost of defending yourself and your company in court.

Don’t leave your business vulnerable, call the team here at Sayce Insurance today on 01344 443 793. We’ll be more than happy to discuss PI insurance for computer game developers in more detail.

Professional Indemnity Insurance For Recruitment Agencies

Here at Sayce Insurance Brokers, our aim is to help you protect your business and one of the key business sectors we cover is the recruitment industry. If you own a recruitment agency, then we can help you by providing the most affordable professional indemnity insurance.

This type of insurance is crucial within the recruitment industry. On a daily basis recruitment consultants are advising candidates and clients alike on the recruitment process, along with creating introductions between candidates and employers.

What is professional indemnity insurance?

Professional indemnity insurance is a type of policy available in the UK to businesses who offer professional advice or services. If the claimant is pursuing your business for negligence as they feel the advice, or service provided has negatively affected them then PI insurance will protect you.

Professional indemnity insurance can also include vicarious liability and provide cover for a breach of standard and non-standard contracts. This is another reason why PI insurance is crucial for you if you have a business within the recruitment industry.

We hope you go through your business life without the need of utilising PI insurance. However, it’s certainly advisable that you have the security of this type of insurance in place.

To discuss professional indemnity insurance for recruitment agencies in further detail, you can call us on 01344 443 793. We look forward to hearing from you.