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Strategic Risk - Guide to director's & officers' liability

Topic Knowledge and Insights

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The market for Directors’ and officers’ (D&O) liability insurance has been initially developed by Lloyd’s of London in the early 1930s during the worldwide Great Depression. At that time, companies were not permitted to provide indemnification to their directors and officers. Although focused on providing directors and officers of any company with financial protection, the buyers’ profile of D&O insurance has steadily evolved and transformed.

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