Directors' and Officers' Liability
The first half of 2023 has seen increasingly competitive trading conditions to the D&O market.
Increased competition driven by new capacity providers has been the catalyst to rate reductions and coverage advancements - with insurers seeking to gain a competitive advantage over their peers, both to win new business, but also to maintain existing portfolios.
This is with the backdrop of a challenging macroeconomic scene and ever increasing claim volatility across a number of sectors and a seemingly every increasing cost of doing business.
