Welcome to the 2025 WTW Global Directors' and Officers' Survey Report, produced in collaboration with Clyde & Co. Once again, we have gathered insights from senior leaders and risk managers worldwide on key governance risks and liability concerns. This report presents their perspectives, including views on Directors' and Officers' (D&O) insurance and emerging challenges in the evolving risk landscape.
We added two new risks for directors and officers to the survey this year: diversity, equity and inclusion (DEI); and geo-political risk. Both of these have immediately seen significant results, with DEI making its way into the top seven risks for some regions.
We have also asked some new questions about whether boards think they have the necessary skills to manage some of these risks, where they think they need more time and which risks are most material. The results of these new questions are fascinating – particularly on the subject of AI – see chapter 4 page 8 for further details.
For those of you who completed the survey, thank you. You may recall that we also asked a series of cyber-related questions (separate to the risks that cyber attack and data loss present to directors and officers). As we have done in the last couple of years, these results will be presented in a separate report, Cyber in Focus, later this year, so keep an eye out for that!
We hope you find the results interesting. Please get in touch if you would like to discuss anything in the report.