Director / Management Protection

You may recall an article in the Law Society Gazette? The piece referenced a firm that discovered the costs of defending a regulatory action; against both individuals within the firm and the firm itself. The shocking revelation… their PII Policy did not cover them for these costs(!)

If you’ve not yet had chance, you can see the article here. There are also some claim examples here that can give you a better understanding of the risks involved.

Now, don’t worry, we have been looking into the extent of exposure here, and to ensure individuals and your firm are protected against the costs of a regulatory action by the SRA, we would recommend you consider a Management Liability Policy: – to include, Directors & Officers Liability with a Corporate Liability extension.

Attached is a pre-priced proposal form with flexible limits of indemnity which is underwritten by Royal & Sun Alliance via Pen Underwriting. The premiums are based upon the annual fee income for the practice and various Limits of Indemnity are available. If you are unsure, we would suggest that the limit of indemnity reflect or mirror the combined total personal assets of the directorship to be deemed “adequate.”

In short, you can afford defense costs against SRA / SDT issues for as little as £350.00.

For further information or for a quotation please click HERE.

If your profession is not listed here, just get in touch. It’s likely that we will be able to help you find the cover you need.

Get the cover your business needs

Call us on 01274 965791 and speak to our friendly advisors.

Testimonials Below is just small sample of our clients feedback on our services:

  • Secure Risk Solutions have provided a service for both our personal and business needs. With a wide range of products and services, and a highly knowledgeable workforce, they have the tools necessary to meet the needs of any customer. We are proud of our continuing business relationship with them, and look forward to many more years of working together. Kind regards,

    Atif Rulal Director, Ask Legal Solicitors Limited

  • Thank you for your assistance and expertise in helping us with our insurance. I appreciated your knowledge and ease in answering our questions and the expert advice we received from all of your staff.

    Dr Ajmal Prime Medicals Limited

  • It has been a pleasure dealing with the guys at Secure Risk Solutions, your professional expertise and knowledge was a major influence in my decision when I set up my new medical agency.

    Dr Khalid Arshad Global Medical Consultancy

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