Quantum Underwriting Solutions Ltd

Statement of Demands and Needs:

This Individual Director’s Liability Policy meets the demands and needs of:
– directors and officers of private UK, Guernsey, Jersey or Isle of Man companies;
– members of UK limited liability partnerships formed under the Limited Liability Partnerships Act 2000; and
– expressly appointed trustees, or directors or governing body members, of UK, Guernsey or Isle of Man charities,

who wish to be protected against:

– claims and proceedings against them for wrongful or criminal acts and omissions in their capacity as director, officer, member, trustee or governing body member by providing defence costs for such claims and proceedings and protecting against the cost of judgments and settlements (but not fines, penalties or taxes); and
– formal investigative inquiries into their conduct, in their capacity as director, officer, member, trustee or governing body member by governmental, regulatory, professional or statutory bodies, by providing legal representation fees.
This is subject to exclusions set out in the policy and the total amount payable under the policy in each year (regardless of how many claims and inquiries happen in the year) is £1,000,000 or £2,000,000 subject to the cover you opt for.

Qualifying Criteria

Individual Director's Liability Insurance is only available where the Organisation(s) for which cover is/are being sought meet the following underwriting criteria:


I AGREEI DO NOT AGREE

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