Director's and Officer's: A D&O deluge

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David Walters, vice president of commercial institutions financial lines at Chartis, the biggest D&O insurer in the world, believes the trend will be ongoing. "D&O is perceived in the UK as being a very profitable business and is attractive to new entrants. There were a lot in 2010 and there are a couple more waiting to start up now," he predicts.

Whereas a decade ago D&O was thought of as a specialist high level product, Mr Walters believes the current opportunities reside in the small to mediu