All D&O articles – Page 3
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News
Allianz boosts D&O offering
The insurer has boosted its D&O offering after legislation and regulation tops business concerns
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News
Firms’ D&O exposure may not be understood – QBE
Many senior leaders could find that they are not covered in the event of a claim, says insurer
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News
Senior leaders fear claims consequences of Covid-driven decisions - QBE
The insurer’s research revealed senior leaders’ other concerns too, such as financial turmoil and health and safety
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News
Lloyd’s broker partners with Amazon Business for tailored insurance proposition
It is the only UK insurance partnership from Amazon Business
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Features
Underwriters ‘better make the right automation choice’ or risk ‘serious systematic error’
Insurance Times explores how underwriters can successfully use automation, highlighting the challenges and benefits to be aware of
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News
Regulatory 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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Features
Insurers ‘lack understanding’ of fast-evolving cryptocurrency market
With demand for cryptocurrency cover accelerating, only insurance firms with ‘mature risk management processes and controls’ will be able to succeed in this line of business, says broker
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News
Pen Underwriting appoints head of D&O in newly created role
The hire brings 35 years of experience and ‘D&O firepower’ to the new position
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IT Interview
Jacqueline McNamee: The insurtech MGA serving brokers ‘something different’
Ex-AIG boss McNamee has plans for C-Quence’s next chapter, including servicing its ’tremendous broker distribution channel’
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News Analysis
D&O market challenges remain as capacity and conditions still a concern
Underwriters are ‘wary’ of claims against board members, therefore brokers must work to differentiate their clients’ risks
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News Analysis
D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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IT Interview
Stephen Catlin: There’s ‘more pain to be suffered’ as market remains in Covid-driven ‘turmoil’
The direct market is assuming control from reinsurers to steer pricing corrections, while the ‘far-reaching financial consequences’ of the pandemic are yet to be fully understood by the industry, says (re)insurance chief executive
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News
Covid clauses creating new D&O concerns
Recent moves by insurers to include broad Covid-19 exclusion clauses may have significant ramifications for the D&O sector
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News Analysis
D&O demand set to soar as UK audit regime puts directors in the spotlight
Sweeping new reforms for Britain’s biggest businesses are set to place greater responsibility on directors and officers to ensure the accuracy of their firms’ financial reporting – or face harsh penalties
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News
Swift claims settlement is key to rebuilding Covid-hit reputation says legal alliance
The law firm network also predicts that virtual legal hearings will become the norm moving forward and that liability risks surrounding the Covid-19 vaccine roll out could contribute to claims increases
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News
Jacqueline McNamee’s insurtech MGA plans rapid expansion
The insurtech MGA’s chief executive McNamee says the firm is in a ‘strong position’ to drive exponential growth
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News
The Big Question March 2021: How do the current market conditions compare to previous ones for professional liability classes?
With the UK set for an economic downturn amid Covid-19, professional liability classes have had quite a ride as a result. Insurance Times asked industry experts how the current market compares to previous ones for this line of business
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News
Commercial insurance pricing up by 44% in UK – Marsh
Global commercial insurance pricing was also up by 22% in Q4 2020
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Features
Businesses set to shun D&O cover due to sky-high premiums
As the coronavirus pandemic puts directors’ and officers’ premiums into overdrive, Insurance Times takes a look at potential claims risks and trends in this section of the market
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