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“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” Shanil Williams, global head of financial lines at AGCS, said. (Credit: ASDF/Stock.adobe.com) “The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” Shanil Williams, global head of financial lines at AGCS, said. (Credit: ASDF/Stock.adobe.com)

Potential asset bubbles, inflation, pandemic-induced bankruptcies, increasingly litigious environments, growing regulatory scrutiny are some of the challenges conglomerating to increase the range of risks faced by boards and company executives today, according to Allianz Global Corporate & Specialty (AGCS).

“The actions and culture of organizations and their directors and officers are coming under heightened scrutiny from a wide range of stakeholders, with litigation risk a primary concern,” Shanil Williams, global head of financial lines at AGCS, said in a release.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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