SME now and the future: Reaching a new market
Small businesses are waking up to the value of D&O insurance, so brokers and providers need to step up to help SMEs get the cover they need, writes Edward Murray
Estimates vary, but up to a third of SMEs now buy directors’ & officers’ (D&O) insurance. At this smaller end of the market there is real momentum building as companies begin to better understand their exposures and insurers offer policies better designed to meet them.
D&O insurance might have been around for decades, but it is really only in the last few years that it has come into its own for companies at the smaller end of the SME spectrum.
Trickle downDarrel McCartan, financial lines
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