Hiscox targets brokers in D&O drive for SME business

The lack of directors' and officers' (D&O) liability insurance among small and medium-sized businesses (SMEs) is a potential selling opportunity for brokers, Hiscox has said.

D&O has been increasingly taken up in recent years, with growth approaching 100%, as directors have realised the cost of a potential claim made against them. However, according to the insurer, SMEs have not appreciated the dangers of lacking D&O. This has prompted Hiscox into a campaign to persuade brokers of the benefits of