Today Allianz Global Corporate & Specialty has released a new report on the state of the D&O insurance market. D&O Insurance Insights 2021 highlights market challenges and five D&O mega trends facing companies in 2021.
Rising insolvency exposures, growing cybersecurity threats and persistent securities class-action activity are among the key risks for which D&Os could be held liable. In 2021, companies also need to be on guard against “event-driven litigation,” which can be caused by triggers such as inaction on diversity, poor sustainability performance or underestimating or misrepresenting COVID-19-related risks.