Skip to main content

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.

Dynamic architectural designed modern corporate buildings

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.

Google Podcast Apple Podcast Spotify Podcast
Download transcript

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

CL Proferes Headshot

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.

Stephanie Manson

Stephanie Pestorich Manson

Head of Management Liability

  • United Kingdom

Stephanie Manson leads the management liability team in Marsh’s FINPRO Practice in London. In this role she leads a team of over 100 management liability specialists and has a broad overview of all segments of D&O, EPL, PTL, and commercial crime insurance placed in the UK. She advises boards of directors and risk managers on D&O market issues and the ever-changing legal and regulatory developments in management liability.

Placeholder Image

Matthew T. McLellan

D&O Product Leader

  • United States

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.

Jennifer O'Neill Headshot

Jennifer J. O'Neill

US FINPRO Multinational Leader

  • United States

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.

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein.

LCPA 22/283