Directors' and Officers' Market Update 2023

These updates provide an analysis of the current conditions in the market for Directors' and Officers' (D&O) insurance in Great Britain and Europe for international and domestic companies and the impact this has on board directors, non-exec directors and insurance buyers. The analysis in this update is based on our own observations of the market and using WTW proprietary data unless otherwise stated.

Great Britain D&O overview

• Q3 2022 has continued the improving trends in the GB D&O market.
• In Q3 this year 64% of clients saw their primary layer renew flat or with a decrease on last years.
• More insurers are offering better policy terms with some once again agreeing to underwrite business using WTW’s proprietary wording (DARCstar).

Authors

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Angus Duncan

Executive Director – Coverage Specialist, Global FINEX

email Email phone +44 (0)20 3124 8386

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Louise Dennerståhl

Head of FINEX Western Europe

email Email phone +46 73 250 59 64

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