Globally, the directors and officers (D&O) insurance market is experiencing clear and consistent signs of softening, with flat to decreasing premiums and significant increases in capacity, after three years of a hard market. This trend is expected to continue into 2023.

However, the prospects of a recession in early 2023 may dampen the softening market as recessionary conditions can lead to increased litigation. Buyers should act now to capitalize on evolving market conditions.

In “Four Steps to Take Advantage of the Softening D&O Market”, the Financial Services Group at Aon discusses strategies and tips to improve underwriting outcomes, including starting early with incumbent meetings, adequately preparing for insurer meetings, exploring new markets, and preparing a strong ESG narrative for D&O underwriters.

Contact

The report can be discussed with Financial Services Group professionals Timothy Fletcher and Kristin Kraeger.



Timothy Fletcher
CEO, Financial Services Group
Los Angeles

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Kristin Kraeger
Managing Director, Financial Services Group
Boston

View Articles by Kristin Kraeger