How Does D&O Insurance Protect Company Directors and Officers?
In this blog post, we will delve into the ways in which D&O insurance safeguards company directors and officers from potential financial and legal risks.
Commercial Insurance
According to Allianz: Interruption Claims are Increasing
Allianz recently released their Annual Global Claims Review (ACGS) which revealed some stunning percentage increases in contingent business interruption claims with causes as varied as the companies who filed them.
Commercial Insurance is Becoming More Expensive
As hawkish monetary policy, domestic inflation, and geopolitical uncertainty overseas continue to roil public and private markets, commercial insurance carriers seem to be taking note and adjusting their underwriting standards and pricing guidelines accordingly.
Obtaining Traditional Insurance in a Changing Marketplace
The contemporary commercial insurance industry is a nearly 400-year old behemoth with many traditional practices ready for disruption, particularly now as technology evolves and the market moves to keep up with demand.