Non-Executive Directors Liability (NED) Insurance provides personal protection for non-executive directors, shielding them from personal financial losses related to their decision-making role within a company.
In an environment where directors can be held accountable for mismanagement or for failure to meet an applicable standard of care (negligence), this cover age is essential.
By offering NED insurance, your company can attract top talent to its board, showing that you’re serious about protecting your directors. It ensures that they can focus on providing strategic guidance and oversight without worrying about personal liability, fostering better corporate governance.