Because it protects decision-makers, directors & officers coverage is crucial to the operation of any corporation; so too is the provision of errors & omissions coverage geared toward indemnifying those carrying out their professional duties in the c-suite. This need is perhaps greater than ever: according to figures from 2019, a whopping 97% of D&O underwriters say risk in the field is increasing worldwide.
Given this background and the fact that D&O is experiencing a hardening market – premiums increased by nearly 17% in the second quarter of 2020 – it’s even more essential that brokers are providing their clients with the best policies and advice.
Insurance Business America surveyed thousands of brokers to answer the question: “which carriers provide the best E&O, EPLI and D&O policies. Find out the results in the 2021 Five Star Excellence: Professional Liability report.