Registered Office: Powell Commercial Ltd, 2nd Floor, Meridian House, Steam Mill Street, Chester CH3 5AD.
Wrongful acts can encompass various areas, such as neglect, breach of duty or trust, misleading statements, and wrongful trading, among others.
Our comprehensive coverage can provide a safeguard for your senior staff, protecting them against claims made by regulators, shareholders, investors, or creditors stemming from such errors.
In the event of a claim against a director or officer, the company itself is seldom held accountable. Instead, the individuals themselves bear the brunt of financial and personal ramifications. By securing the appropriate coverage, your directors and officers can mitigate the risks they face. Without adequate protection, they may face dire consequences, including dismissal, disqualification from future roles, civil litigation, and even criminal prosecution, potentially resulting in substantial fines and imprisonment.
Registered Office: Powell Commercial Ltd, 2nd Floor, Meridian House, Steam Mill Street, Chester CH3 5AD. Registered in England & Wales No. 05458267. Powell Commercial Ltd is authorised and regulated by the Financial Conduct Authority Ref. No. 434056.
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