Directors & Officers Liability Insurance
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The prospect of a long, hard market is driving businesses to make more use of self-insurance instead of handing premium over to carriers. -
Covid roiled the directors and officers insurance industry, accelerating the emergence of new risks in what was already a hardening market. ESG and SPAC IPO-related litigation have also seen a spike.
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Some products have already peaked in terms of pricing, while others are still rising, said Jack Kuhn, president, Westfield Specialty.
