’Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated and ESG claims are here to stay,’ says head of global financial lines
Insurers say the risk environment for directors and officers (D&O) cover is becoming ever more complex, which is creating a demand for not only coverage but greater risk management.
Specialist insurer RSA recently launched a new D&O product targeting UK companies with a turnover in excess of £250m. Following that news, the firm’s head of financial risks Matt Houghton told Insurance Times that directors were facing new challenges.
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