A total of 401 organizations that purchase Directors and Officers Liability insurance participated in the 2011 Tower Watson D&O Insurance survey*. Below please find some of the more salient points of the survey:
- 14% of Private companies and nonprofits indicated that they had increased the total amount of insurance purchased at time of renewal;
- Regulatory claims once again topped the list of the top three (3) D&O Liability concerns, with an 81% response rate; &
- The scope of coverage for directors was considered the most important aspect of the organizations D&O Insurance Program.
For the full survey CLICK HERE or the below image.
* All above bullet points derived from 2011 Towers Watson D&O Survey.
Tags: 2011, insurance, Iron Cove Posts, brokerage, Coverage, directors and officers liability, employment practices, limit of liability, limits, Lou D'Agostino, not for profit, outside directors, premium, private company, regulatory claims, tower watson
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