D&O Exec's Exposure Rises Globally

Claims against corporate directors and officers are no longer exclusively a U.S. phenomenon, directors and officers insurance experts from Willis told risk managers and executives during a Webcast seminar earlier this week.

In fact, insurance buyers and other risk officers who think only about the U.S. plaintiffs’ bar when they turn their attention to D&O liability issues miss a world of problems in which executives can face litigation simultaneously in several parts of the globe, according to Ann Longmore, Willis Executive Risks Practice D&O product leader.