More demand for D&O.
Demand for directors and officers cover significantly increased, according to a report by The Insura...
Demand for directors and officers cover significantly increased,according to a report by The Insurance Institute of London. This is due to
the increased globalisation of share and company ownership and growing
pressure on company officials to explain or account for their actions. The
report highlights the need for the policies to be updated every two years
and for claims to be handled by specialist units.
The IIL has been working on the report since 1992.
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