Introduction
For those at the helm of decision-making – the executives and leaders of organizations – directors and officers coverage is essential. It serves as a shield against a wide array of risks, from management and business liabilities, cyber threats, to the intricacies involved in transactions like mergers and acquisitions.
For individuals, a policy provides personal asset protection should the employer’s indemnification fail for any reason. For the company, a policy can provide balance sheet protection where the company has indemnified its directors (and, if purchased, also where the company itself is the recipient of a securities claim).
Why focus on directors and officers in 2024?
You may have seen our 2024 Global Directors’ and Officers Survey Report which welcomed a surprising change to the top risk ranking. It highlighted that in this volatile economic environment, it is more important than ever to consider where your fellow directors and risk managers see the pressure points and what liabilities are concerning them the most.
As directors and officers continue to be the subject of ever-increasing accountability, the report provides a global view of their perceptions of risk. From climate change to cyber-attacks, the market’s temperature remains hot in a volatile geopolitical and global economic environment.
What we offer this year
- State of the FI D&O market: Discussion of financial institutions D&O market conditions by region (North America and GB), including a breakdown of rate and rate predictions and emerging issues among various segments of FI.
- The ABCs of D&O: Introduction to the fundamentals of D&O insurance. Speakers discuss who D&O insurance covers, what D&O insurance covers and how coverage may vary in different global regions.
- Cyber meets D&O: Risks of liability from cyber breaches and claims against directors and officers are among the most potentially devastating exposures that organizations face, with cyber risks increasingly creating D&O risks. Speakers discuss holistic approaches to managing and mitigating these risks in the U.S. and around the world.
In our “D&O Professionals Series,” we feature professionals from various corners of the industry, from executive D&O underwriters to securities litigators to coverage counsel and others. Our objective is to discuss how ever-changing conditions in the broader economy and in business have impacted D&O risk, securities litigation and our industry more broadly.