Risk perspectives - Best practice eases D&O worries

The issue of directors and officers (D&O) insurance has left the headlines recently, yet it remains a big and growing headache for companies and their risk managers.As we move towards a US-style compensation culture, company stakeholders who feel they have been poorly treated are more likely to seek compensation.Such claims have to be defended, and the cost could be crippling to a small to medium-sized enterprise.So, D&O insurance has been elevated almost to the status of compulsory cover -