Welcome to RGIB’s Directors & Officers Liability insurance division 'Chartered Indemnity’, specialising in arranging Directors & Officers  Liability insurance for a wide range of activities including:-

• Directors & Officers of Companies and other types of commercial entities; and



• Office Bearers of a Community Association, Club, Non-Profit Organisation or Charity.

Specific duties and responsibilities are imposed on Directors & Officers as to the conduct in which they run a business and/or conduct the duties of their office. Those responsibilities are imposed under contract conditions, common law and statutory legislation and, in most circumstances; the individual Director or Officer will be held personally liable for their decisions and actions.

Infact anybody involved in the management of a business or organisation, whether in a paid position or not, will most likely have a fiduciary obligation where decisions they make affect others; thus exposing themselves to the duties and obligations arising from a multitude of Statutes and Laws such as;

Even if something goes wrong for which you effectively had no part in, you could still find yourself embroiled in a costly dispute[see Contributory Negligence Acts]

RGIB’ is a market leader in arranging Professional Indemnity and Directors & Officers insurance for a wide variety of professionals and those serving in voluntary roles; indeed, we’re an independent insurance brokerage who’s primary obligations are to ensure our clients get the best cover at the best prices available in the market.

Business - Corporate - Company - Commercial Enterprise

Directors and Officers Liability insurance ‘D&O’ provides financial protection for the directors and officers of a company in the event they are sued in conjunction with the performance of their duties as they relate to the company.

Think of D&O as a management errors and omissions insurance policy. D&O liability insurance covers the decisions made by people involved in managing and running a company’s business. It is important to note that it covers the individuals, not the company; generally including past, present & future natural persons, being:

• a director, secretary and executive officer;
• a senior manager and/or committee member; and/or
• an employee acting in a management or supervisory role.

Community Association – Club – Non-Profit Organisation - Charity

Office Bearers of a community association, club, non-profit organisation or charity often don’t appreciate that in undertaking their duties they also assume potentially large personal liabilities. These liabilities are incurred through the conduct of the activities or the provision by the organisation of services, and for the Wrongful Acts (alleged or otherwise) of Officers whilst acting on behalf of the organisation.

In certain circumstances such Officer Bearers can be held personally liable for the debts of the Club or Group they represent; thus, an Office Bearers insurance policy will provide an indemnity to the organisation (community group, association, club, charity] and its Committee Members, Officials and/or Officers in respect of claims made against them jointly or individually arising from any “Wrongful Act” committed or allegedly committed; an Office Bearer is taken to include;

• a director, secretary, and treasurer;
• committee member or employee of the organisation; and/or
• a trustee.

See also Management Liability Insurance which can offer a wider cover in for some circumstances
click here

More about Directors & Officers Liability Insurance

RGIB’ is a market leader in arranging Directors & Officers Liability insurance for almost every type of company, enterprise & organisation; whether it’s for a community association, club, non-profit group &/or charity –or- for a private company through to a leading corporation listed on a stock exchange; we have the necessary experience and market knowledge to ensure you get the right cover at the right price.