Podcast

Individual liability podcast series: Episode 2

Marsh UK’s Head of Management Liability, Beth Thurston is joined by D&O underwriter Dan Holloway of Chubb to discuss the individual liability landscape from an underwriter’s perspective.

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A legitimate concern for directors and officers, individual liability is a topic of regular discussion with our directors and officers liability insurance (D&O) clients.

In this podcast series, we explore developing areas of individual liability with distinguished legal and underwriting experts.

An underwriter’s view

In this second episode, we hear from leading D&O underwriter Dan Holloway of Chubb, to gain his perspective on the individual liability landscape. Listen as Dan and Marsh UK’s Head of Management Liability, Beth Thurston, discuss what underwriters are seeing and what they are considering when it comes to management liability insurance coverages.

Key topics

1. An overview of the enforcement environment pre-COVID-19, touching on:

  • Accountability concerns of the UK pension regulator.
  • Event-driven shareholder litigation.
  • The use of deferred prosecution agreements outside the US.

2. Some of the main reasons individuals may seek protection from their D&O policy, post-COVID-19, including:

  • The removal of government support — and the role of the whole suite of management liability policies.
  • Environmental, social, and governance (ESG) reporting requirements.

3. The changing purchasing patterns of directors and officers, and why, at the very least, directors’ liabilities are still being insured.

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About our speakers

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Beth Thurston

CEO of FINPRO

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Chris Warren-Smith

Partner, Morgan Lewis