Key recommendations for directors and risk managers
The survey results make one thing clear - D&O risk is evolving rapidly, and insurance strategies need to keep pace. To ensure directors and officers are adequately protected, organisations should consider the following actions:
Assess cyber and litigation coverage – With cyber incidents and litigation risks perceived to be rising, ensure your D&O policy provides robust protection for regulatory and legal defence costs.
Review risk oversight at board level – Align governance structures with today’s emerging risks, particularly cyber, DEI, and AI governance.
Monitor DEI and AI risk exposure – Regulatory scrutiny and governance expectations are shifting. Boards should prepare for changes in disclosure requirements and liability risks.
Benchmark against industry trends – Compare your D&O coverage limits and policy structures with regional and industry standards to avoid underinsurance.
Review D&O coverage – In a soft D&O market, ensure that emerging risks are being covered by your D&O policy.
