Risk Strategies’ Iyan Alfredson and John Morahan explain the intricate exposures directors and officers face in an era marked by #MeToo, regulatory risks and other challenges
IBA: How have movements such as #MeToo impacted executive liability?
Iyan Alfredson: It has been an important development in the D&O and employment practices liability market. Ever since the New York Times ran the report with allegations against Harvey Weinstein, it has been a constant topic of discussion in the industry, particularly during renewal meetings. It’s prompting underwriters to ask not just the typical employment practices questions, such as “What type of policies and procedures do you have around mitigating sexual harassment claims?”, but also “What are you doing at the board level to manage against these actions happening?”
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