Large corporates may be familiar with D&O cover, but many smaller organisations are unaware of the risks or mistakenly believe they have little or no exposure to them writes our own Craig Watson, Underwriter, UK Regional Market.
This article, which first appeared in Insurance Day, discusses the challenges and importance of D&O liability insurance in the current business climate. It highlights the increasing pressures on corporate executives, including regulatory changes, post-pandemic issues, and social changes driving new workplace policies. Many businesses, particularly in the UK, do not purchase D&O coverage due to misconceptions about their exposure to risks. The article emphasises the need to articulate the scale of exposures and the benefits of D&O coverage, which provides protection against a wide range of possible outcomes, including business failures, lawsuits, and regulatory investigations.
Read the full article here.
