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Introduction to Directors and Officers Liability Insurance


Marlborough Training and Consultancy

Summary

Price
Enquire to get more info on pricing
Finance options

Payment is by invoice on completion of the training.

Study method
Onsite
Duration
1 day
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

This course focuses on who directors and officers are and their principle duties. The course introduces delegates to the benefits of Directors and Officers insurance and the coverage afforded and brings them up to date with recent changes in the law.

The course is delivered for groups of delegates on behalf of employers at client premises or external venues arranged for organisations anywhere in the UK.

Please note that it is not offered as an open course for individual delegate bookings.

Description

Workshop content

  • sources and types of claim against directors and officers
  • Directors’ responsibilities
  • relevant law, including corporate manslaughter and UK Company law reform
  • Directors and Officers liability insurance policy – key benefits
  • Directors and Officers liability insurance – proposal and underwriting process

Directors and officers liability insurance

  • policy coverage
  • operative clause
  • personal versus company reimbursement coverage
  • definition of directors and officers
  • principal exclusions
  • principal extensions
  • employment practices
  • entity cover
  • outside Board coverage

Who is this course for?

This one day interactive workshop is suitable for delegates who are new to directors and officers liability insurance.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.