Home | Contact us You are here: Specialist Schemes » Property Owners Scheme » Directors & Officers Insurance SPECIALIST SCHEMES Circle Heritage Circle Visitor Attractions Golf Club Insurance Sports Clubs Insurance Masonic Lodge Insurance Haulage Insurance Saddlers Insurance Hi Q Insurance Scheme Property Owners Scheme Blocks of Flats Insurance Resident Associations Resident Management Companies Right to Manage Freeholder Insurance Engineering & Inspection Directors & Officers Insurance It is becoming common practice for Directors & Officers to be held personally responsible for any wrongful acts committed in the course of making management decisions, putting their personal wealth at risk should a claim or allegation of wrongdoing arise. These allegations can come from a wide range of sources including investigations by the Health and Safety Executive, Inland Revenue, Employees or those residents the Association represents. Directors can be held accountable for the actions of fellow Directors and Officers even though they may not have committed, or taken part in a particular act. The personal liability of Directors and Officers for such wrongful acts is unlimited In addition the Association or Company may find themselves involved in legal proceedings as a result of public statements made or even disputes over the use of the Association’s or Company’s funds. There are only limited circumstances where Companies are permitted to indemnify their directors for wrongful acts and even if a legal action is successfully defended it may still incurr significant legal fees. Who then will make good the loss to the company? At Circle Insurance we are able to provide you with a policy which will protect Directors and Officers for claims made against them, whether or not the wrongful act was committed by another Director or Officer of the company. Wrongful acts include actual or alleged: breach of trust breach of duty neglect/error/omission mis-statement libel and slander breach of warranty of authority wrongful trading Using our wealth of expertise Circle Insurance are able to advise you on exactly what you need to ensure your Directors’ & Officers’ Liability Policy will provide financial support in the event of a claim along with defence costs for investigations, costs involved in appearing in court and legal costs to fight various forms of allegations, involving any of the Directors. We are proud of our strong client relationships which have been built up by providing great customer service and we look forward to assisting you. The Circle Group Chartered Status Our Services Specialist Schemes Careers/ Opportunities Contacting Circle Group Enquiry Form Cyber FAQ's © Copyright 2004-2021 - Circle Insurance Services Ltd 2021 Privacy Policy This site is designed by Ignition cbs - cms version 1.12.1 Staff access Circle Insurance Services Ltd registered in England & Wales at 118 Holyhead Road, Coventry, CV1 3LY. Registered number 2575623 Authorised and Regulated by the Financial Conduct Authority (FCA). Reference number 307381 Circle Insurance Services is a wholly owned subsidiary of Circle 1991 Ltd Circle Financial Services Limited is a wholly owned subsidiary of Circle Insurance Services Ltd. Circle Financial Services Limited is a wholly owned subsidiary of Circle 1991 Ltd Circle Financial Services Limited, registered in England & Wales at 118 Holyhead Road, Coventry, CV1 3LY. Registered number 3657694. Authorised and Regulated by the Financial Conduct Authority (FCA). Reference Number 148759. The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.