Podcast

Risk in context podcast: D&O liability trends and strategies for 2022

In this episode of Marsh’s Risk in Context podcast, four colleagues from Marsh’s FINPRO Practice — CL Proferes, Stephanie Manson, Matt McLellan, and Jennifer O’Neill — look at key D&O trends and strategies companies can use to better manage risk.

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The risks for directors and officers of public companies are growing increasingly complex — and it’s becoming more difficult for risk professionals to build effective directors and officers liability (D&O) insurance programs.

In this episode of Marsh’s Risk in Context podcast, four colleagues from Marsh’s FINPRO Practice — CL Proferes, Stephanie Manson, Matt McLellan, and Jennifer O’Neill — look at key D&O trends and strategies companies can use to better manage risk.

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Key takeaways

D&O prices continue to rise, but the pace of increases has slowed in recent quarters.

 New capacity is entering the marketplace, competition is returning, and insurers are looking to grow.

The claims environment for public companies is growing more complex.

COVID-19 has not resulted in a substantial wave of claims, but event-driven litigation continues to grow in frequency. Meanwhile, environmental, social, and governance topics remain front and center and regulatory scrutiny is growing in a number of ways.

Managing global programs and maintaining relationships with underwriters will be key in 2022.

Boards and risk professionals will need to provide more detailed information to insurers on a number of topics. And they’ll need to look carefully at D&O policy wording, limits, and retentions in each of the countries where they do business.

About our speakers

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CaroleLynn L. Proferes

US FINPRO Product and Industry Leader

CaroleLynn (CL) Proferes is Product and Industry Leader within Marsh’s US FINPRO Practice and chair of the practice’s Global Advisory Board. She is responsible for delivering timely and relevant content to clients and colleagues on D&O insurance and a number of other financial and professional lines.

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Stephanie Pestorich Manson

Head of Management Liability

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Matthew T. McLellan

D&O Product Leader

As Marsh’s D&O Product Leader, Matt McLellan is responsible for developing and implementing Marsh’s strategy with respect to its D&O offerings and the creation and delivery of D&O thought leadership. As a client advisor, Matt specializes in renewal strategies and negotiations, and advises on policy language and endorsements.

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Jennifer J. O'Neill

US FINPRO Multinational Leader

Jennifer O’Neill is FINPRO’s Multinational Leader and a member of FINPRO’s Global Advisory Board. Based in New York, Jennifer works closely with the multinational team to deliver a comprehensive and seamless service to Marsh clients.

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