The trouble with mergers.
The current trend for mergers and acquisitions among UK companies, and the added risk that such activity attracts, has made D&O cover a very important consideration for many businesses, says Simon Threadgold.
Zeneca and Astra, BP and Amoco, and now AXA and Guardian. Merger andacquisition activity among top UK companies is reaching fever pitch. As
the excitement level rises, so does the degree of risk. Company directors
involved in takeovers, mergers and disposals may well be taken to court if
they make errors of judgement.
This has resulted in a growing interest in Directors and Officers (D&O)
cover for just such eventualities. Ian West, professional and financial
risks underwriter at RE Brown (Lloyd's
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