These updates provide an analysis of the current conditions in the market for Directors' and Officers' (D&O) insurance in Great Britain and Europe for international and domestic companies and the impact this has on board directors, non-exec directors and insurance buyers. The analysis in this update is based on our own observations of the market and using WTW proprietary data unless otherwise stated.
Looking forwards, 2023 has started extremely well with most of our clients continuing to see significant decreases in their premiums. The London insurance market is responding strongly, with good competition and better terms and we expect this trend to continue for the rest of 2023. In addition to the launch of the 2023 version of DARCstar, we will also be releasing DARCstar Private Equity 2023, CRIMEstar 2023 and a new Side A DIC facility.
|Directors and Officers GB Market Update Q3