Analysis

Briefing: Rampant regulation poses threat to D&O claim volume

By 2024-08-15T08:00:00

company director

Brokers must support company directors to ensure they are not ‘left to their own devices’ around incoming regulation, as implementation uncertainty can cause D&O claims

Although the insurance industry is usually laser focused on regulation that hails from the FCA’s office, broker Gallagher has warned that insurers and brokers need to immediately undertake proactive risk management measures for their corporate clients as incoming legal acts have the potential to ramp up directors’ and officers’ liability (D&O) claims volume.

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