Made to last the distance

While many directors' and officers' insurers are adapting their policies and wordings in line with up-and-coming legislative changes, Kevin Cleary explains how a soundly underwritten, all-risks core product will be able to protect insureds against any new laws that arise

In a bid to differentiate themselves in what has become a crowded market, many directors' and officers' (D&O) insurers have introduced new extensions and clauses to respond to proposed and actual changes in legislation and world events. However, are these 'bells and whistles' extensions to core D&O policies adding value for clients, or are they simply marketing spin?

Directors are operating in an increasingly complex economy, and they need to comply with a myriad of health & safety (H&S), trading