Your business insurance needs will depend on several factors and understanding it all can be complex and time consuming. One thing you can’t afford is to put your business at risk by choosing the wrong type of insurance. A professional Insurance Broker like Edge has the knowledge and expertise to identify what the most appropriate cover is for your needs and will take the time to explore and explain your options to you.

Not only do we ease the stress and deliver peace of mind, but we find you the most appropriate cover at the right price. We provide guidance when you need it and we accurately present your risk, understand your needs, as well as study the market, the covers available, the differences between the insurance providers, and what the implications of those differences are for you. We also deal with your claims on your behalf.

D&O insurance is a claims-made policy, which means that the claims are only covered if the policy is active or within the extended reporting period. Normally a policy will have a retroactive period, covering claims for wrongful acts that took place before the policy’s inception.

Premiums tend to be based on the limit of indemnity required, taking into account a number of other factors, such as type of profession, turnover and gross assets, the financial position of the company, number of directors and officers and the geographical areas and jurisdiction to be covered.