Market Insights

The healthcare management liability market is experiencing rapid growth, fueled by rising healthcare expenditures and higher employee wages. With significant changes on the horizon, what underlying issues and factors in the healthcare management liability market are causing concern for professionals?

Asset managers need customized insurance coverage that caters to their specific risks and regulatory needs. Learn why a thorough and detailed application is necessary for getting comprehensive coverage, especially for intricate risks related to funds.

Creating an ESOP carries risks that need to be managed and insured – for both the former company owners and the new employee ownership group. Here we explore the opportunity for retail agents to grow a book of business in this space by increasing their knowledge and aligning with partners who have access to the markets and products they need to succeed.

At its heart, D&O insurance has always been about protecting organizations and directors against breach of duty. Coverage has evolved over time as new regulations and laws have been enacted and as new societal expectations, including ESG and DE&I, have raised the bar on what “duty” means. This article will discuss this dynamic environment, impacts on the D&O insurance marketplace, and how you can help prepare your clients.

The Silicon Valley Bank (SVB) collapse sent shockwaves through the financial industry and brought public awareness of risks in the financial system to the forefront. In this article we look at what went wrong, impacts the bank's failure could have on the market, and risk management best practices banks and other companies should consider to improve their risk profile.

Underwriters are taking a more individualized approach to pricing and conditions of Directors and Officers policies. While there are general economic factors at play, a company’s industry subset and unique business operations activities are what’s driving the underwriting decisions on renewals.

With substantial growth in the Special Purpose Acquisition Companies (SPAC) space, the SEC is increasingly scrutinizing their structure and internal controls, causing the already difficult D&O market to take note of the additional risk inherent to SPACs and the de-SPAC process. This article explores the difference between SPACs and traditional IPOs, inherent risks, underwriting concerns and the state of the SPAC and de-SPAC market.​

​With rapid expansion of social media and blurring of company officers' personal and official personas online, the D&O risks for companies have grown significantly. This article examines the fallout from Elon Musk's infamous tweet about Tesla stock to illustrate how an officer's social media presence is a potential risk factor. With the market at a critical juncture in the underwriting of D&O coverage, this article also provides insight into essential risk management components.

A professional services exclusion is found in most private company D&O policies, as well as in D&O policies issued to publicly traded companies that provide professional services, such as banks and financial advisory firms. Seemingly minor differences in the wording of the exclusion's policy terms have caused numerous claim denials. Learn what you can do to protect against insureds being caught by surprise by a carrier's denial based on an expansive reading of an exclusion.

Looking for ways to limit the Insured vs. Insured exclusion in your client's D&O policy? By considering the amendments recommended here, you may be able to negotiate broader coverage for your client.