Increases in insolvencies, cyber-attacks and litigation named as top threats for D&Os
AGCS says the pandemic has made the D&O insurance market an increasingly difficult space, with more insolvencies predicted for the first half of 2021.
The pandemic has created a highly volatile and uncertain environment for businesses resulting in new or heightened risks for directors and officers (D&O), according to a report from Allianz Global Corporate & Specialty (AGCS).
The business stated that its Directors and Officers Insurance Insights 2021 report had also shown that Covid-19 is exacerbating the situation in an already strained D&O insurance market.
According to AGCS, rising insolvency exposures, growing cyber security threats and
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