Allianz bolsters D&O support with free legal services

Allianz Insurance has announced the addition of legal services to its Complete Directors’ & Officers’ product for policies incepting or renewing on or after 4th December.

Designed specifically for businesses with a turnover of up to £200m, Complete D&O offers personal liability cover for company directors, officers and managers to protect them from claims that may arise from the decisions and actions taken within the scope of their regular duties.

In addition, policyholders will now have access to free 24/7 telephone legal advice service, over 140 free legal templates, and a guide written by lawyers to help SMEs understand legal processes and requirements.

Helen Bryant director, digital trading, Allianz Insurance, commented: “It’s been an extremely challenging time for some of our SME customers who had to make a succession of changes to their businesses due to the rapidly changing external circumstances.

“We’re always looking at new and different ways to support our customers, and by providing legal services as part of Complete D&O, we’re offering very practical and tangible assistance. Insurance isn’t just for when something goes wrong, risk management and mitigation are crucial too.”

Legislation and regulation once again featured in the top five concerns for businesses as outlined by the 2021 Allianz Risk Barometer and following a period of extraordinary change, and challenge, some may now find themselves lacking legal clarity and confidence.

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