
Shaunna Bell
Management Liability Placement Leader, FINPRO, Marsh Specialty UK
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United Kingdom
Foreign filers – companies listed on a US stock exchange but incorporated outside the US – are increasingly in the spotlight when it comes to shareholder litigation and regulatory scrutiny. As global markets evolve and legal landscapes shift, these companies face unique challenges that can impact their directors and officers’ (D&O) liability and overall risk profile.
In the first episode of our Focus on Foreign Filers podcast series, Shaunna Bell (Marsh UK’s Management Liability Placement and Wholesale Leader) and Tom Harris (Head of Commercial Management Liability for Berkshire Hathaway Specialty Insurance UK) discuss the recent decisions in Barclays PLC and Bayer AG, where the New York Court of Appeals found in favour of the defendant foreign filers in response to shareholder derivative suits. Were those decisions expected or unexpected? Will they signal a change in underwriting approach, particularly for Side A D&O cover for those companies listed in the US but incorporated elsewhere?
Listen now to learn about the potential implications of these decisions for both policyholders and the wider D&O insurance market, as well as insights on how all parties can adapt to the evolving legal environment.
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Management Liability Placement Leader, FINPRO, Marsh Specialty UK
United Kingdom
Head of Commercial Management Liability, Berkshire Hathaway Specialty Insurance UK
United Kingdom