Professional & Financial

Professional Indemnity

We are experienced in advising on and arranging Professional Indemnity cover for numerous professions. As well as serving traditional buyers, such as architects, surveyors, solicitors and accountants, we can advise on the exposures faced by any other company where advice, design, specification or consultancy forms part of their offering.

Professional & Financial Insurance - Luker Rowe

Directors & Officers Liability

For smaller companies we can offer instant quotations, based on limited information. For larger companies, we have access to major underwriters who specialise in this class of insurance.

Regardless of the size of the company, when an individual accepts a senior appointment or a directorship he/she opens himself up to a wide range of legal obligations and duties. Some of these can expose him to liabilities which can affect his personal assets.

You may not have done anything wrong but that doesn’t stop someone making an allegation against you. Unfounded and mischievous claims are common and investigations can be drawn out and costly. Without insurance cover you have to defend yourself. Under the Companies Act alone there are more than 200 statutes that may result in legal action against an individual director or officer.

It is no longer possible for a director to hide behind his company and recent company law has introduced additional stakeholders who may be sources of claims, Directors and Officers cover provides indemnity for the legal costs involved in responding to an action and for any judgements or awards that may be imposed.