|  |  |  |  | |  | for Non-Executive DirectorsAs board members, non-executive directors have the same legal duties and obligations as executive directors and are therefore equally at risk. However, because of their limited involvement in the day-to-day running of the company, they can often unexpectedly find themselves to be more exposed to personal liability.
The law regarding the potential liability of non-executive directors is going through a period of change. Regulatory requirements have become more stringent and shareholders are placing greater focus on the actions of all directors. Recognising the dilemma faced by non-executives, Howden has created NED Protector – a revolutionary insurance package that strips out complex legalese and provides clear and simple cover, filling the gaps that other policies fail to recognize.
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