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D&O insurance - A rising sea of change

type
Report
author
By Institute of Directors & Marsh New Zealand & Dentons Kensington Swan.
date
11 Feb 2022
read time
24 min to read
Women swimming in ocean surrounded by fish

New Zealand continues to be in the midst of an uncertain and challenging Directors & Officers Liability (D&O) insurance market. The IoD takes a closer look at the new and emerging risks affecting market uncertainty in D&O insurance – a rising sea of change, a report published in partnership with Dentons Kensington Swan and Marsh NZ.

The IoD’s 2021/22 Directors’ Fees Report found that 85.1% of organisations provided directors with liability insurance (up from 78.5% the year prior), so we know this is a topic directors and boards around the country will be paying close attention to. This report explores the challenges of long-term business sustainability facing boards today and the increasing influence of social and environmental considerations and risks.