Is Directors & Officers insurance recommended and what should a drinks business include in its insurance policy?
Yes, D&O insurance is recommended as part of a comprehensive business insurance policy. Members typically combine D&O with other business coverage on a single policy to improve pricing and simplify management.
**Insurance providers and brokers:** - **Aviva** — members use Aviva for combined business policies that include D&O coverage - **A Plan** — a broker used by members with no reported issues; offers intro available on request - **PIB Insurance Brokers** — specialise in getting competitive pricing by combining policies and identifying benefits and risks; contact Brett Wexler (ACII, Tech Iosh, AMinstLM, Chartered Insurance Broker) at T: 02035357905, M: 07904809237, E: Brett.Wexler@pib-insurance.com, W: pib-insurance.com
**Key consideration:** Members stress that the true value of a policy only becomes clear if you need to claim. Shopping around via a broker who can bundle policies together typically yields better rates than standalone policies.
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