“A potential recession and cyber and ESG concerns top the list of key risk trends for directors and officers in 2023, according to a new survey by Allianz Global Corporate & Specialty (AGCS).”

(Insurance Business UK - December 2022)

"Financial institutions may appear as bastions of strength and security, and despite selling intangible and often complex products, they convince many to hand over their money for wealth creation and long-term protection.

But, as company failures and mis-selling debacles have proved, they are far from invincible. Beneath the surface, there are rapier-sharp risks swirling around and what is more, these are increasing. This is a place for the expert broker – although they must stay ahead of the game and be prepared to negotiate hard with insurers to ensure cover can be as encompassing as possible."

(Insurance Age - December 2021)

"Many senior leaders could find that they are not covered in the event of a claim, says insurer

Senior leaders may not understand their own directors’ and officers’ (D&O) exposure, according to new research published by insurer QBE today (26 November 2021).

D&O insurance is intended to protect company leaders from personal losses if they are sued as a result of serving as a director or as an officer of a business or other type of organisation. Typically, it covers the cost of defending legal proceedings and investigations, damages if the individual is found liable, as well as civil fines and penalties."

(Insurance Times - November 2021)