{"id":213,"date":"2023-05-02T14:08:38","date_gmt":"2023-05-02T14:08:38","guid":{"rendered":"https:\/\/wdenis.wpenginepowered.com\/?page_id=213"},"modified":"2023-11-14T12:37:06","modified_gmt":"2023-11-14T12:37:06","slug":"directors-officers-insurance","status":"publish","type":"page","link":"https:\/\/wdenis.co.uk\/eu-en\/specialisms\/directors-officers-insurance\/","title":{"rendered":"Management Liability"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"213\" class=\"elementor elementor-213\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d05d87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d05d87\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1e69914\" data-id=\"1e69914\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-679aa8a elementor-widget elementor-widget-heading\" data-id=\"679aa8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Discover our competitive, innovative and intelligence-led directors and officers insurance. Speak with our leading experts today.<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-63546cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"63546cd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-62cc93b\" data-id=\"62cc93b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c0ca30 elementor-widget elementor-widget-image\" data-id=\"9c0ca30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/elementor\/thumbs\/D-and-O-rnbtal4zhm67vcrfjxnbbyfou0pj3bo1u7rzsd255s.png\" title=\"D and O\" alt=\"D and O\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2604bc8\" data-id=\"2604bc8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62ea6fb elementor-widget elementor-widget-text-editor\" data-id=\"62ea6fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div title=\"Page 13\"><div><div><div><p><span style=\"color: #000000; letter-spacing: -0.4px;\">In an increasingly litigious corporate environment, authority figures find themselves being held personally liable and at risk of lawsuits due to perceived, or actual, negligence or wrongful acts.<\/span><\/p><p><span style=\"color: #000000; letter-spacing: -0.4px;\">Needless to say, positions of elevated responsibility attract a greater exposure to risk. This raises the potential for allegations of wrongdoing. Directors&#8217; and Officers&#8217; Liability Insurance provides protection to business leaders against financial repercussions.<\/span><span style=\"color: #000000; letter-spacing: -0.4px;\"><br \/><\/span><\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e23a9db elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e23a9db\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fbd8c9e\" data-id=\"fbd8c9e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-07d24ec elementor-widget elementor-widget-heading\" data-id=\"07d24ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-large\"><b>Directors and Officers Liability<\/b><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c611a0e elementor-widget elementor-widget-text-editor\" data-id=\"c611a0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A heightened awareness of employee rights among workers increases the probability of a claim arising. Personal liability, as opposed to company liability, is the focus. Ultimately, company directors and officers are now increasingly subject to regulation and scrutiny, which could culminate in an official investigation.<\/p><p>Defending and protecting a directors personal liability as well as the company\u2019s reputation and finances, is vital in the event of a claim.<\/p><p>Directors&#8217; and Officers&#8217; Liability Insurance is an indemnity policy that covers directors, officers and those in management positions as they undertake their official role.\u00a0If a director or officer is found personally liable for a wrongful act due to an allegation or wrongdoing, the policy will protect them and the company from financial loss, whilst also paying any legal costs that may be incurred in defending the claim.<\/p><p>Claims may originate from employees, shareholders, investors, competitors or regulators. Examples of wrongful acts for which directors and officers can be held liable for include:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b02f9b8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b02f9b8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-84a5413\" data-id=\"84a5413\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-01012b5 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"01012b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Health &amp; Safety<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Breach of trust<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Misleading information<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Negligence<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Fraud<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ff12aaf\" data-id=\"ff12aaf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e09c6d elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"6e09c6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Defamation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Pollution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Wrongful trading<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-circle-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Employment disputes<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-dc1cc89\" data-id=\"dc1cc89\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-97a98a6 elementor-widget elementor-widget-image\" data-id=\"97a98a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898.jpg\" class=\"attachment-large size-large wp-image-562\" alt=\"\" srcset=\"https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898.jpg 909w, https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898-300x300.jpg 300w, https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898-150x150.jpg 150w, https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898-768x768.jpg 768w, https:\/\/wdenis.co.uk\/eu-en\/wp-content\/uploads\/sites\/5\/2023\/10\/D-and-O-3-e1697034559898-600x600.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a278984 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a278984\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30baa3f\" data-id=\"30baa3f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49a5fd3 elementor-widget elementor-widget-text-editor\" data-id=\"49a5fd3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\">There are a variety of Directors&#8217; &amp; Officers&#8217; Liability Insurance policy wordings. An expert management liability insurance broker should be engaged, to review and discuss the available coverage.\u00a0 Common exclusions include deliberate fraud, criminal acts, wilful misconduct or damages for bodily injury and property damage.<\/p><p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\">Current trends suggest that claims are likely to be increasingly driven by environmental, social and governance (ESG) factors. In addition, directors and officers are now also seeing a heightened cyber security risk and consequent legal implications since the move to remote working in 2020. Cyber security risk management is now viewed as a key element in a Board\u2019s risk identification and management responsibilities.<\/p><p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\">There are 3 types of D&amp;O cover, these are Side A, Side B and Side C. It is important to understand how these differ from one another:<\/p><p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\"><b>Side A<\/b> \u2013 Side A is the essential form of D&amp;O Insurance. It is exclusively for directors and officers and will cover personal liability. In some instances, it can be viewed as financial protection for directors.<\/p><p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\"><b>Side B<\/b> \u2013 Side B will reimburse the company for the costs of indemnifying directors such as legal fees. It\u2019s a form of protection for the company\u2019s obligation to indemnity its directors and officers.<\/p><p style=\"margin: 8px 0px 15px; line-height: 1.5; color: #000000; letter-spacing: -0.4px;\"><b>Side C<\/b> \u2013 Side C will protect the company from any security claims. It operates as a protection for the company\u2019s own securities exposure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c0c7267 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c0c7267\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6096ddd\" data-id=\"6096ddd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f70af51 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f70af51\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-aebae1b\" data-id=\"aebae1b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3196af9 elementor-widget elementor-widget-heading\" data-id=\"3196af9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-large\"><b>Employment Practice Liability<\/b><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee90e4e elementor-widget elementor-widget-text-editor\" data-id=\"ee90e4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Employment law violations can cause a significant financial impact on a company. \u00a0Potential, current and former employees can bring claims for discrimination or sexual harassment. Wrongful termination as well as claims alleging a hostile working environment can all result in costly litigation.<\/p><p>An Employment Practice Liability Insurance policy (EPL) is designed to indemnify the insured company against legal defence costs and damages awards in respect of where employees&#8217; rights have been violated. Covers typically include for the cost of defence, settlements and judgements with these claims.<\/p><p>A specialist broker will be able to advise a business in the selection of broad form policy wordings, incorporating wide definitions of employees and employment practice violation policy triggers.<\/p><p>EPL insurance is sometimes provided as a package with the D&amp;O insurance, but can often be procured on a stand alone basis, with its own separate limit of indemnity.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e67ab78 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e67ab78\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e08811c\" data-id=\"e08811c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4dbd303 elementor-widget elementor-widget-heading\" data-id=\"4dbd303\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-large\"><b>Commercial Crime<\/b><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b76918 elementor-widget elementor-widget-text-editor\" data-id=\"3b76918\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>History shows that businesses suffer from an increase in commercial crime in times of financial recession.<\/p><p>A commercial crime insurance policy is designed to insure a business against the consequences of business related crime, such as theft or dishonesty by employees, electronic crime, forgery, even robbery.<\/p><p>Claims statistics show that even businesses with diligent and strong internal procedures are not immune from being hit by a commercial crime.<\/p><p>External fraudsters and dishonest employees have been seen to use imaginative ways to carry out their crimes, circumventing even the most robust control and security systems.<\/p><p>In the past, most commercial crime claims were caused by dishonest employees. However, this trend, whilst still significant, has been affected by the growing number of external frauds, particularly via means of social engineering.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Discover our competitive, innovative and intelligence-led directors and officers insurance. Speak with our leading experts today. In an increasingly litigious corporate environment, authority figures find themselves being held personally liable and at risk of lawsuits due to perceived, or actual, negligence or wrongful acts. Needless to say, positions of elevated responsibility attract a greater exposure [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":13,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-213","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Management Liability - W Denis Insurance Brokers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wdenis.co.uk\/eu-en\/specialisms\/directors-officers-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Management Liability - W Denis Insurance Brokers\" \/>\n<meta property=\"og:description\" content=\"Discover our competitive, innovative and intelligence-led directors and officers insurance. 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