Market for D&O insurance hardest in living memory

Marsh along with the Institute of Directors (IoD) and MinterEllisonRuddWatts have released Under Pressure: D&O insurance in a hard market, the report includes:

• Market Developments
• Changing Regulatory Environment
• Insurers' area of interest
• Key Coverage issues
• What's next for D&O Insurance

Directors in New Zealand and Australia are facing the most volatile and restrictive liability insurance market in living memory and it doesn’t appear to be slowing down.

“Good governance is integral to successful, sustainable organisations. Strong directors leverage their experience and professional instincts to move an organisation forward; it requires focus and often courage. This is difficult if they’re constantly looking over their shoulder, worrying about personal liability and the availability of D&O insurance,” Says Steve Walsh – Marsh.