September 3, 2010
Travelers Insurance Company Ltd.

Directors and Officers: Liability Cover For Senior Employees And Their Companies

Who is DirectorXpress cover for?

  • Private companies domiciled in the UK
  • Non-profit organisations in the UK
  • Residents’ management companies
  • A broad range of trades can be quoted

Travelers is a market-leading liability insurer. As such, we understand the particular pressures facing an organisation’s directors and senior managers.

Our DirectorXpress product provides a range of personal and corporate liability covers to give directors the peace of mind and security they need to concentrate on doing their job, supported by a team of highly qualified underwriters and claims professionals.

The DirectorXpress product includes:

Directors and Officers Liability Cover: Personal protection for directors, officers and senior employees of a company, including claims from shareholders, allegations of wrongful trading, and prosecution by regulatory agencies.

Corporate Liability Cover: Protection for claims made against the company for financial loss, such as prosecutions by regulatory agencies and claims from competitors or business partners.

Employment Practices Liability Cover: Protection for the company against claims by employees for breaches of employment conditions or regulations, such as unfair dismissal, racial discrimination, age discrimination or unequal pay.

Key benefits and features
  • Separate aggregate limits of indemnity for each cover
  • Broad definition of insured person
  • Wide definition of employment practice claim
  • Outside directorships
  • Capacity of up to £5m for Directors and Officers and Corporate Liability cover; up to £2m for Employment Practices Liability Cover
Why choose Travelers?
  • One of the UK’s leading liability insurers
  • Dedicated team of underwriters, claims handlers and risk managers with longstanding experience of the sector
  • Swift, responsive service for brokers and customers
Claims
Risk control/management
  • Dedicated team of highly qualified risk managers
  • Provision of expert guidance about new and emerging risks, such as identity fraud
  • Supportive, partnership approach

For brokers, online quotes:

  • Simple, easy-to-use indication facility
  • Allows brokers to confirm indications and bind cover
  • Enhanced brokerage for policies bound online
 
How to buy

Our expert team of underwriters will be happy to discuss how DirectorXpress can meet your business needs. Click here for a list of contacts.

Or click on the following links for further information and proposal forms:

DirectorXpress wording
DirectorXpress proposal form

 
 

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