Who Should Pay for D&O Policy Innovation?

From the 2016 PLUS D&O Symposium session “How Innovative Has D&O Insurance Been? What’s Next?,” Jack Flug (Marsh), Tony Galban (Chubb Specialty), Steve Shappell (JLT Specialty USA) and Chris Warrior (Hiscox London Market) discuss innovation in D&O coverage and the issue of who is expected to pay for policy enhancements.

Spoiler Alert: many of those polled believe it is on the insurers to bear the cost.

PLUS members can view this entire Conference session in the PLUS Multimedia Library.

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The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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