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Despite warnings, less than 20% of company directors in Yorkshire areinsured against crippling lawsu...
Despite warnings, less than 20% of company directors in Yorkshire areinsured against crippling lawsuits, states a Leeds-based broker. RogerGaunt, managing director at Gauntlet Risk Management, said: "It isincredibly simple to prove a case of corporate manslaughter these days.Directors of small firms are particularly at risk and should be aware thatthe costs of defending cases like this are massive. They assume the firmwill pay for lawsuits, but sometimes it cannot afford to, and sometimes itis
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