D&O policy take up set to rise

A statutory duty on directors to regard their company's impact on the environment could see an increase in the number of directors' and officers' (D&O) policies being bought, according to an industry expert.

Russell Kilpatrick, managing director at Dual Corporate Risks, said: "The change in D&O policy wording will raise more awareness among directors of the risks they potentially face. About 40% of our new business last year was from people who had never purchased this cover before, so there is a