Liability
Every business faces liability risks, whether arising from mistakes, damage or unexpected events. Understanding where your responsibilities begin and end is essential to maintaining control.
With clarity on contractual terms, legal obligations and potential scenarios, you can take steps that protect your organisation. This prevents a single incident from having disproportionate consequences.
Recognizable situations
Situations you recognize, answers that help you move forward.
Professional liability may arise from a mistake, incorrect advice or incomplete service delivery. In advisory or operational professions, even a single error can have significant consequences for clients as well as your business.
A solid professional liability insurance policy is essential. Clear engagement letters, transparent communication and legally sound contracts also help prevent disputes and reduce your exposure.
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When a client holds you liable for damage or shortcomings, it is important to respond quickly and carefully. Review the contractual obligations, gather evidence and seek legal support if needed.
Avoid spontaneous or incomplete replies. Even if you believe the claim is unfounded, an incorrect reaction may weaken your position. Proper documentation, structured communication and timely advice help you maintain a strong position.
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As a director, you are generally not personally liable for the company’s debts. However, in cases of negligence, misconduct or breaches of legal duties, you may still incur personal liability.
Limit your risk by documenting decisions properly, acting in the company’s best interest and seeking legal advice whenever necessary.
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Other moments within Protection & compliance
These topics will help you think, plan and grow further
Other moments within Protection & compliance
These topics will help you think, plan and grow further
Are you facing a key legal moment?
We assess your situation together and guide you through the decisions that safeguard the future of your business.