Directors & officers’ (D&O)
In-Focus: Public Sector - Q&A Bill Sulman
Post spoke to Bill Sulman, director for public sector at Aon Risk Solutions, about the common business continuity threats for the public sector and how insurers, brokers and risk managers can work together for mutual benefit.
AIG urges business leaders to be more aware of personal risks
Nearly two thirds of business leaders do not feel their personal assets are very exposed to management liability actions, according to research from AIG.
Hiscox adds two more to London D&O unit
Hiscox has added two more new hires for its London market management liability team, having previously recruited a duo from QBE and Allied World.
Ace launches mobile app for web trading platform
Ace has launched a mobile ipad app for its web-trading platform, Ace Online, which allows brokers to quote and bind new business on behalf of clients.
Ace rejigs financial lines team in Asia-Pacific
International insurer Ace has made several changes to its financial lines team in the Asia-Pacific region.
Beazley and Hiscox launch D&O consortium
Lloyd’s players Beazley and Hiscox have joined forces on a new D&O facility for brokers and clients.
Ace enhances D&O cover as liability and cyber top emerging risks poll
Ace has enhanced its directors' and officers' cover for the UK and Irish markets in response to market developments and feedback from its broker panel.
GB chairman eyes long-term gains following product expansion
GB Underwriting has penned a new underwriting arrangement with WR Berkley Europe to provide a comprehensive range of products to meet the needs of its construction-focussed customer base.
Europe C-suite: Regulation and complexity behind rise in demand for German D&O policies
The complexity of the liability regime for directors’ and officers’ insurance and increased regulation is fuelling demand for German D&O policies.
Beazley unveils upgraded D&O cover
Beazley has broadened its directors and officers cover to include regulatory investigations and inquiries.
Interview: David Johnson: Wrapped up in foil
Having been involved with the Forum of Insurance Lawyers since the early beginnings of his career, incoming president David Johnson is keen to make his mark during his tenure. He reveals how he plans to consolidate the organisation’s new found authority…
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.