Webinar – Directors and Officers insurance overview

The webinar will briefly explain the history of D&O and how the D&O marketplace is changing dramatically due to the economy. The sad fact is that many businesses will struggle badly over the next few years and lots of redundancies will have to be made. This will result in a sharp spike in both Directors and Officers and Employment Liability Practices claims. It should also be noted that many more directors are being sued in recent times individually and that the amount of HSE prosecutions have trebled against individual directors since 2015.

This is no longer a cover that ANY director can ignore, and ironically if a director refuses D&O without consulting their fellow directors they have massively increased their own personal D&O exposure!

This webinar, presented by Alan Chandler, one of the most popular presenters in the UK, will explore the sources of potential claims and how to put the right cover in place.

Learning Objectives:

By the end of this event delegates will:

• Understand the benefits of a D&O and EPL policy
• Be aware of a director’s duties at common law and statute and understand how liability is increasing.
• Be able to explain in plain English how the principle areas of cover operate.
• Be able to explain the impact of Limits of Liability, costs and awards on a claims made wording.

It is relevant to general insurance brokers/intermediaries, their insurers, and any other market participants. Joining instructions will be sent out shortly before the Zoom webinar begins.

Speaker bio

Alan has undertaken operational management roles in three major global companies - NatWest Insurance Services, RBS Insurance Group and Allianz Insurance. He has run underwriting, broking and claims functions.

Eleven years ago he set up his own training company, something that he had always longed to do as he is passionate about training. Alan has delivered training for almost all the institutes in the UK over the past few years with his enthusiastic presenting style proving very popular.

He is one of the few individuals who can teach at all levels of the CII examinations and is driven by a passion to see increased professionalism within the insurance industry.