Directors & officers' (D&O)
Directors’ & Officers’: Much aD&O about nothing
Despite some predicting an uncertain period for the directors’ & officers’ sector following a government discussion paper and a high-profile claim refusal, unconcerned market insiders explain why education is their current priority.
The blossoming Asian D&O market
The market for directors and officers’ insurance in Asia is booming as local companies become increasingly aware of the litigation risks they face writes Nicky Burridge.
Ferma 2013: Beazley wants to be 'complimentary not competitive' in Europe
Beazley wants to secure more European business but does not want to be competing with the local market on traditional classes, according to Beazley’s head of broker relations David Price.
View from the top: Spanish brokers welcome ability to quote and deal online
The online revolution is reaching every part of the commercial world and, of course, it’s not just consumers who are attracted to the speed, ease and economics of transacting online.
Cable’s accountability plans increase D&O brokers risk management role
Brokers selling directors’ and officers’ policies could be called upon to ‘plug the gap’ between policyholder expectations and insurance cover following tough new government proposals aimed at increasing the responsibility of company executives.
AIG ups global D&O Side A capacity
Insurance giant AIG has increased its capacity for Side A director and officers liability insurance to $100m.
Markel liability boss defends scope of D&O cover amid calls for reform
Markel International’s head of management liability risks has stated that defence costs are covered “in almost all situations”, following calls by the Institute of Directors for liability insurance reform.
Competition prompts declining rates across most classes in Q2
Insurance rates in most major regions declined modestly in the second quarter of 2013, while rates in the US rose moderately, according to Marsh’s latest Global Insurance Market Quarterly Briefing.
Rates decline seen across most regions in Q2 says Marsh
The second quarter of 2013 saw a decline in Marsh’s Risk Management Global Insurance Index for the first time since its inception six quarters ago.
British Insurance Awards 2013: Achievement Award
Long time coming
XL launches new products for Irish financial firms
XL Group has launched five new insurance products for financial institutions in Ireland, which they say address firm's reliance of on IT infrastructure for services and distribution.
Internationalisation: Taking Flight
The economic downturn has led many European companies to look to emerging markets for growth. Can insurers capitalise on the trend? Anna Pitton explains.
Ace warns industry not to overlook ‘emerging markets close to home’
Joseph Clabby, regional president of Continental Europe for Ace identified Turkey, Poland and Russia as Europe’s top three emerging insurance market opportunities.
Marsh offers D&O on "each single claim" basis
Marsh has launched a new suite of D&O policies, created in conjunction with eight insurers, in response to growing reputation and regulatory risk.
Information needs drive better claims management, says DCS Global MD
The need for more sophisticated management information is putting claims management at the forefront on insurance business, according to Jon Sitwell, managing director of Asia Pacific at DCS Global.
Penny Black's insurance week
Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.
Expertise Live Video: D&O under discussion
The first Expertise Live event of 2013, in association with Zurich, was held in Birmingham where broker experts focused on the directors’ and officers’ (D&O) liability insurance market.
View from the Top: Crucial differences
Technology firms that fail to grasp the differences between PI and E&O insurance put themselves at risk, says David Legassick.
D&O: Responding to regulation
A change in the criminal code in Spain has thrown up a host of challenges for the nation's D&O providers, Anne-Louise Fogtmann writes.
Expertise in Action: Pricing: A Perfect Storm
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Tempo pairs with W R Berkley on Commercial D&O
Tempo Underwriting has initiated plans to underwrite commercial directors’ and officers’ liability cover through a binding authority deal with W R Berkley.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
AIG launches pan-European D&O cover
AIG has launched a European directors and officers’ policy which is says responds to important shifts in current risks to directors and officers, as well as evolving corporate governance demands.
Dual partners with Everest Re on international D&O programme
In partnership with Everest Reinsurance Company, Dual Specialty Underwriters has launched an international directors’ and officers’ programme aimed at foreign companies listed on US securities markets through American Depository Receipts.