State of the D&O market

The scope of the risks that directors are facing means that take up of D&O policies has increased significantly over the last 20 years. Today, most directors in the FTSE 250 space will have cover with a growing number insisting it is in place to protect their interests before they would even consider a directorship.

However, although it is almost ubiquitous in the FTSE 250 space, there is much lower penetration among smaller companies.

This article sheds light on the state of the D&O market, the risks and challenges facing SMEs and why educating clients holds the key to increasing D&O coverage.