With new legislation being enacted all the time, management face tougher than ever restrictions and obligations, while their employees appear increasingly knowledgeable about their workplace rights.
Yet, surprisingly, the majority of Irish directors, company officers and partners may not have adequate management liability and crime insurance in place.
Directors / Officers and Corporate Liability Cover
D&O insurance offers financial protection to company directors, officers, managers and the entity to protect against claims which may arise from the decisions and actions taken within the scope of their regular duties. In the absence of such financial protection, directors, officers and managers’ personal assets, their houses, savings and pension funds, are at risk.
Claims and allegations can take the form of regulatory investigations and criminal actions, allegations of anti-trust, misappropriation of assets, bankruptcy actions, breach of fiduciary duty claims, claims of anti-competitive behaviour, mergers and acquisitions claims alleging unfair treatment or valuation and securities actions brought by shareholders or regulators against companies with listed securities.
Our policy will automatically extend to provide cover for Corporate Liability (Entity) Cover.
- Breach of fiduciary duty.
- Unfair trade practice.
- Consumer protection violation.
- Wrongful interference with contract.
- Breach of franchise agreements.
- Copyright, patent or trademark infringement.
- Libel and Slander.
Cyber Liability (Data Protection) Cover
In a world of information and information systems, cyber threat is now a fact of life for all businesses whether large or small. All businesses dealing with electronic data whether on computers, servers or online, now face the reality of cyber attacks. We provide a cyber product that goes above and beyond to ensure we deliver cover solutions to all businesses presented with modern day cyber attacks.
“The service Arachas provide and their performance with regards to any claims we’ve had is exemplary”
“We’ve had a longstanding relationship with Arachas over 15+ years and we’ve always had excellent service from them”
“They are a very important business partner for the company and provide us with an exceptional level of customer service”
“Guy and the team at Arachas are there for you when you need them and offer support and guidance through your businesses’ history”
“Arachas is a professional firm of brokers that will never let you down”