The New Administration and D&O Risks (a Podcast Series): Impacts on the Industry

Carl Metzger joins Kevin LaCroix and Rob Yellen for their third and best-ever podcast episode on the New Administration and D&O Risks. This can’t-miss panel shares fresh insights on how the Biden administration has and will impact the D&O industry.

“The Administration is going to be more active,” cautioned Carl Metzger, “[There is] going to be a ramp-up of intensity and scrutiny by this administration.”

Areas of the panel’s focus included: (i) the impact of executive orders and how the latest seems a “shot across the bow”, (ii) gamification and other SEC rulemaking priorities—some of which are beginning to look a lot like event-based SCAs, (iii) expect more enforcement; (iv) how will environmental challenges like inflation and scarce resources impact our D&O insurance industry; and (vi) how will the new capacity in D&O impact our markets? Has the pendulum begun to swing back?

Listen the podcast episode below, or on the PLUS Connect App:

Carl Metzger, Partner at Goodwin Proctor

Carl Metzger is a partner in Goodwin’s Financial Industry and Business Litigation practices and Chair of the firm’s Risk Management & Insurance practice and Chair of the firm’s Partnership Committee. His clients include both public and private companies, major insurance carriers and brokerages, private equity and venture capital firms and non-profit and educational institutions.

Rob Yellen, Executive Vice President at Willis Towers Watson

With over 30 years of combined insurance broking, legal and underwriting experience, Rob Yellen is a respected leader in the management and professional liability space.  he is based in Short Hills, New Jersey, where he serves as a client executive and troubleshooter.  Rob joined us from AIG where, during his 14-year tenure, he served in several key leadership roles–including Chief Underwriting Officer, Financial Lines, U.S. and Canada and, Head of Product Development for Financial Lines–globally and for the Americas Region.   Rob’s legacy of successful innovation includes market-leading and award-winning products and industry firsts in D&O, Fiduciary, Errors and Omissions, Cyber and other Financial Lines.

Kevin LaCroix, Executive Vice President at RT ProExec

Kevin LaCroix is an Executive Vice President at RT ProExec, Beachwood, Ohio, a division of R-T Specialty, LLC. RT ProExec is an insurance intermediary focused exclusively on management liability issues. Kevin is also the author of the Internet weblog, The D&O Diary, which the New York Times called “influential” and the Wall Street Journal described as “widely followed.” Kevin has been involved in directors’ and officers’ liability insurance issues for more than 35 years.

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About plushq

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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