It ain't what you D&O, it's the way that you D&O it

The current upheavals in the UK's directors and officers (D&O) sector are well-documented; but the feared regulatory changes may actually lead to a new approach to corporate governance - and a stabler and more accessible market for cover, believes Nick Foord-Kelcey

The UK market for directors and officers (D&O) liability insurance is currently experiencing some of the hardest conditions it has ever known.

The fallout from US corporate scandals, coupled with a growing awareness that cover had become underpriced, has seen premiums surge for many UK companies in the last two years. As a result, insurance buyers need to keep a close eye on legislative and regulatory developments, such as the Higgs Report, and continue to adopt pro-active strategies to keep