Latest Directors Officers Headlines
All the headlines from our Directors Officers Topic Page, ordered by recency.
Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market
Mar 30 2022 // Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits
Mar 2 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported Monday, citing the impact of social inflation on rising claims...
Startup MGA Rising Edge Targets Low-Layer D&O Business
Feb 24 2022 // The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability insurance. CEO Philippe...
M.J. Hall in California Introduces D&O, EPL and FL Cannabis Coverage
Feb 3 2022 // San Francisco, California-based M.J. Hall & Co. is introducing directors and officers liability, employment practices liability and fiduciary liability insurance coverages for cannabis business owners. The coverages,...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Feb 2 2022 // Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market...
Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go
Jan 25 2022 // Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers...
Great American, Texas-Based Insurtech Assurely to Offer D&O Insurance
Dec 30 2021 // The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via...
Specialist D&O MGA Banyan Risk Expands Into Canadian Market
Dec 22 2021 // Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada. Banyan, which underwrites directors and officers (D&O) insurance risk solutions in complex...
Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial Lines, Respectively; Hiscox Hires Hartford’s Pearsall as Line U/W for D&O
Nov 29 2021 // This edition of International People Moves, covers two promotions at Chubb and a new hire at Hiscox. A summary of these appointments follows here. Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial...
People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium
Oct 19 2021 // D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/W Tegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter....
Skyward Specialty Adds Cannabis Coverage for D&O and E&O Lines
Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...
People Moves: Claims Leaders Hired at Generali GC&C; D&O Specialist Rising Edge, and Hamilton Re
Sep 16 2021 // This edition of International People Moves focuses on claims appointments at three insurance underwriters: Generali Global Corporate & Commercial, D&O MGA Rising Edge and Hamilton Insurance Group. A summary of...
SiriusPoint Launches Specialty MGA Banyan Risk, Focusing on D&O Insurance
Jul 8 2021 // SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the launch of Banyan Risk Ltd., a managing general agent that underwrites directors and officers (D&O) insurance. The company has been...
BHSI Introduces D&O Liability and Professional Indemnity Policies in Ireland
Jun 29 2021 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has added to its customized suite of directors & officers (D&O) liability and professional indemnity policies, for customers in Ireland. The company has...
Volkswagen’s D&O Liability Insurers Agree to Pay €270M of Diesel Emissions Payout
Jun 10 2021 // FRANKFURT — Volkswagen said on Wednesday it had agreed to settle claims against four former executives, including long-time CEO Martin Winterkorn, that will see the carmaker receive 288 million euros ($351 million)...
D&O Specialist MGA, Rising Edge, Launches with 4 Senior Appointments
May 26 2021 // Rising Edge, a London-based directors and officers (D&O) managing general agent, announced its official launch with the appointment of four key hires. As previously announced, Rising Edge will focus on D&O...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage
May 10 2021 // Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year, sued insurance giant Chubb Ltd. to make it pick up his legal bills, people familiar with the case...
Beat Capital Launches Tegron Specialty for D&O; Names Navigators’ Shore CEO
May 4 2021 // LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that will focus on directors and officers insurance for publicly traded companies, specializing...
D&O Line Still on Losing Track Despite Big Rate Hikes: Fitch
Apr 29 2021 // Record premiums haven’t been enough to reverse U.S. directors and officers (D&O) insurers’ underwriting losses, and the sector will still lose money in the near term as a result, Fitch Ratings said. Premium...
Cyber Attacks and Data Loss Are Top 2 Risks Facing Directors & Officers: WTW Survey
Apr 23 2021 // Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from broker Willis Towers...
