All D&O articles
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NewsMGAs bringing distribution and tech access – AmTrust professional lines
Steven Moore, head of professional indemnity and professional lines, AmTrust International, spoke to Global Reinsurance at the recent MGAA Conference 2024 in London.
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NewsHarnessing California Workplace Violence law to tame, not inflame, social inflation
The California legislation sets a powerful new standard for workplace violence prevention, and with social inflation a concern among P&C insurers the industry is now standing at a crossroads, writes Yoni Sherizen, CEO and co-founder, Gabriel Protects.
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NewsAlta Signa MGA announces Swiss office D&O-led expansion
New office in Switzerland for the Brussels-based MGA will initially focus on D&O business.
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NewsMS Amlin launches financial lines for Middle East
Lloyd’s market re/insurer announces new business class for MENA region amid growth in M&A and IPO activity.
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NewsEconomic and cyber risks lead global D&O priorities – WTW, Clyde & Co
Data losses and ransomware are top legal concerns for company directors, according to WTW and Clyde & Co’s Directors’ and Officers’ Liability Survey Report 2023.
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NewsSVB collapse was near miss for D&O writers - AM Best
The banking failure emphasises the importance of a robust risk management structure, especially for annuity writers
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NewsGallagher buys crisis and risk management consultancy
AnotherDay provides crisis expertise across political risk/political violence, D&O and criminality, and cyber
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NewsRe/insurers adapt underwriting to better price climate risks
Conduct risks such as ‘greenwashing’ stand to be major source of environmental liability claims
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NewsNexus establishes financial lines division at Lloyd’s
Box 358 at Lloyd’s will be manned by James Rasmussen, MD of Nexus Frontier and Alex Mobbs, senior underwriter and Nexus co-founder
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NewsBeazley launches D&O solution for crypto companies
Crypto firms face a myriad of risks from extreme volatility to a lack of regulation
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NewsInsurers face rising ESG concerns
ESG reputation could become as important as product, service and price
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NewsUS D&O market posts best results since 2014
Rate hikes exceeding 10% per quarter fuelled direct premium growth of 35% to $14.6 billion
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NewsWorld’s first crypto reinsurer launches
Relm II can accept both fiat and crypto as collateral and is domiciled in Bermuda
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NewsInsolvencies, ESG and cyber are key risks for D&Os in 2022
Risk managers and their D&O insurers should also closely monitor potential exposures to US derivative actions, warns AGCS
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NewsAllianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsRegulatory scrutiny, lawsuits over SPAC transactions fuel D&O insurance sticker shock
Companies going public through a merger with a special purpose acquisition company, or SPAC, are facing skyrocketing premiums for directors and officers’ liability coverage due to the higher risk of litigation and increased regulatory scrutiny.
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NewsApplied Underwriters’ expansion continues with launch of US based D&O Division
Steve Menzies, CEO of Applied Underwriters, today announced the creation of a US based division of its Applied Financial Lines business unit to provide a variety of D&O coverages in the US under the direction of newly named President of the Division, Stephen McGill.
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NewsBerkshire Hathaway Specialty Insurance Introduces D&O Liability and Professional Indemnity Policies in Dubai
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has finalized proprietary Directors & Officers (D&O) Liability and Professional Indemnity (PI) policy wordings for customers in the UAE and throughout the Middle East.
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NewsSompo International Expands Management Assurance Policy to Include D&O Insurance for Public Companies
Sompo International Holdings today announced a new Directors and Officers Liability (“D&O”) insurance policy form for publicly traded companies. Supported by a growing team of experienced underwriting and claims professionals and backed by excellent financial strength, Sompo International continues to be a trusted insurance partner for publicly traded companies in ...
