With the highly regulated environment that companies operate in today, there is a growing need to protect directors, officers and senior management from an ever widening range of exposures.

In today’s highly regulated environment, organizations face an increasing need to safeguard their directors, officers, and senior management against a broad spectrum of exposures. Decisions impacting shareholders, employees, customers, or creditors, as well as breaches of regulatory compliance, can lead to lawsuits that may leave individuals personally liable.

At Lockton, our Directors and Officers (D&O) insurance is specifically designed to provide comprehensive protection. This coverage not only shields individuals from personal liability but also protects the organization against shareholder lawsuits, employment practice liabilities, and other related claims. With our D&O insurance, you can ensure that your leadership team is well-equipped to navigate the complexities of their roles while minimizing risk.

The insurance market is constantly evolving, with insurers adjusting to shifting dynamics. The increasing frequency and severity of claims are prompting many insurers to reduce their exposure or withdraw from specific market segments altogether. For organizations classified as medium to high risk, this often results in higher premiums and increased deductibles.

For executives in Asia, D&O insurance should not merely be viewed as a compliance checkbox. Every organization has a unique risk profile that must be thoughtfully evaluated. It is essential to consider whether the insurer will pay upfront or advance legal costs for defending a claim or official investigation. Understanding any exclusions or restrictive extensions that could limit coverage is also crucial, as is knowing what information must be disclosed to maintain coverage.

At Lockton, we believe that being proactive and informed is vital to securing meaningful, tailored protection. Our expertise ensures that your organization’s needs are addressed, providing confidence to your leadership team in an increasingly complex risk environment.