Posts Categorized: Directors & Officers Insurance

Carillion’s Demise—Could You Be Held Responsible for Insolvency?

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Carillion, formerly the second-largest construction company in the United Kingdom, went into compulsory liquidation on 15 January. Unfortunately, this type of situation is not uncommon, as the number of companies that entered insolvency in 2017 rose by 4.2 per cent to 17,243, according to the Insolvency Service. Regardless of the size of the organisation, insolvency […]

Survey Highlights Growing Number of Risks Facing Directors’ & Officers’

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Over the last several years, UK regulations have expanded the scope of directors’ and officers’ (D&O) liability—and that trend shows no signs of stopping, according to a recent survey from international law firm Allen & Overy. According to the survey, D&Os are exposed to a higher amount of personal liability than ever before. Since the […]