Understanding How a Director Can Be Personally Sued in Tort Under the Compares Act and Why D&O is So Essential for All Directors 2023 | The Insurance Institute of Cheltenham and Gloucester | 14 November 2023 | Webinar
Venue
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| Event Date |
Wed Nov 15 GMT (about 1 year ago)
In your timezone (EST): Tue Nov 14 7:00pm - Tue Nov 14 7:00pm |
| Location | Webinar |
| Region | EMEA |
Details
The Companies Act 2006 puts very clear and very onerous duties on directors, and this presentation explores this act, and how a D&O policy can respond to this liability. For broking staff advising on D&O, gaining a full understanding of directors personal duties under the Companies Act will enable them to more clearly identify why no director can afford to be without D&O cover.
Ironically, if a director refuses D&O without consulting their fellow directors, they have massively increased their own personal D&O exposure, due to the Companies act.
Learning Objectives:
By the end of this event delegates will:
• Understand the history behind why the government passed legislation on directors’ duties.
• Understand how the Companies Act has made it far easier for a director to be sued personally.
• Understand how a D&O policy can deal with the directors’ personal exposure to lawsuits.
Speakers
2023 Speaker
Alan Chandler
CEO, Alan Chandler Training