For limited companies

Directors' and officers' insurance

Also known as management liability insurance. Cover for compensation claims made against company directors and officers.

Not sure where to start?

Find out what covers businesses like yours choose

Directors and officers insurance quote

per month

What is directors' and officers' insurance?

Directors' and officers' insurance, also known as management liability insurance and D&O insurance for short, exists to protect entrepreneurs from the risks associated with running a business. It is available for businesses of any size, whether it’s a small startup or a large organisation.

  • Worldwide cover
  • Insolvency
  • Major shareholder claims
  • Regulatory events

Set up your directors and officers insurance in less than 10 minutes

Change or cancel it at any time.

Why get directors' and officers' insurance?


It's essential for companies looking for external funding

It’s common for investors interested in a company to make D&O insurance a must-have requirement. This protects directors and officers from allegations of mismanagement. D&O cover provides protection against legal action, fines, penalties, and disqualifications from being a director.


It provides protection from three angles

D&O cover provides three-sided protection. One side covers directors personally for fines, penalties and legal expenses. The second reimburses the company for paying on behalf of the directors. And the last covers the company should it itself be named in the lawsuit.


Professional indemnity cover isn’t enough on its own

It's a common misconception that personal liability claims are covered under professional indemnity, but this is unlikely. A separate D&O policy is the only way to guarantee personal protection for those with management responsibility in your business.

What does directors' and officers' insurance cover?

Who is directors' and officers' insurance for?

If your directors or management team have legal or regulatory responsibilities to employees, the public, regulators, investors or other directors, then D&O liability insurance should be considered. It is particularly important for companies who have raised or who are seeking investment from external shareholders. All firms that fall under the Senior Managers Certification Regime (SMCR) have an increased risk in making sure they act appropriately. D&O is even more relevant for these firms as it ensures your employees are covered if they unintentionally run afoul of their regulatory responsibilities.

What types of claims does directors' and officers' insurance cover?

D&O personal liability claims can cover a whole range of issues, from breaching health and safety laws, allegations of cyber-bullying, to misrepresentations in a pitch deck, or errors in financial reporting.

Things to consider when choosing directors' and officers' cover

If you have shareholders that own 15% or more of the company then check for a “major shareholder exclusion” – this effectively excludes any claim brought by a shareholder against the business that owns 15% or more of the company’s shares. And should you have shareholders, business activities or contracts with North American jurisdiction, make sure your jurisdiction allows for worldwide claims. Another thing is to make sure your limit is high enough as many D&O plans have an aggregate limit, meaning another director/officer could use it up should a claim be made – leaving you exposed.

What to watch out for

It's key to remember that directors' and officers' insurance only covers claims in connection with how the business is governed - not the business activities it carries out. You may also need public liability insurance and professional indemnity insurance to protect the company as a whole.

We've made insuring your business simple. Get started.

Directors' and officers' insurance FAQs

What is directors' and officers' insurance?

Directors' and officers' insurance is a cover designed to cover the cost of claims made specifically against a business's directors and officers (rather than the company in general, or specific employees in non-management positions).

Who needs directors' and officers' insurance?

If your business is set up as a partnership or limited company (i.e. you're not a sole trader) and therefore has directors or key managers (officers), directors' and officers' insurance may cover the cost of compensation claims made against them by shareholders, investors, employees, regulators or third parties.

What if I’m in charge of several businesses?

No matter how many companies you’re involved in, you’ll be covered for your activities within all of them, as long as you provide this information at the moment of taking out your policy. And if your responsibilities increase at a later date this is easy to change with our pay-by-the-month subscription. Just give us a call and we can update your policy and advise you on any changes to the cost.

What if I don’t hold a considerable share in the company?

It doesn’t matter how big or small a share you hold in a company. If you have management responsibilities, particularly if they’re of a legal or regulatory nature, then you should consider D&O.

What happens if I sell my shares?

Selling your shares in a company may or may not affect the level of D&O cover you need. However, whenever your role or position changes, you should always let us know to ensure your policy is up-to-date.

Customise your cover

To simplify things, we've categorised our covers into three groups: essential covers, professional covers, and management covers. You'll be guided through these different options during the quotation process.

Essential covers

per month

Essential for all businesses needing protection against bodily injury and lost or damaged property.

Professional covers

per month

Protect against risks associated with the professional services you provide and the way you market your business.

Management cover

per month

Protect your management and shareholders against the operational risks associated with running a company.

Boost your cover from £10.08 per month

Legal protection insurance

Covers compensation awards, professional fees and legal costs associated with a range of legal disputes.

We insure thousands of innovative businesses

Check out our latest posts

Authorised by the FCA

The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at or by calling the FCA on 0845 606 1234.