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Covid-19 brings insurance policies for directors back into mainstream

Enlightened buyers, particularly those with complex global exposures to litigious markets, are waking up and demanding sophisticated covers for their specific needs.

Coronavirus | Insurance policy | insurance cover

Praveen Gupta 

Why, how, and to what extent AI could enter the decision-making boardroom?
While it is still early days, some independent directors and professional advisors have begun to assert what they will do and what they will not, and they want to have that preferably in black and white.

An offering that almost became a laggard is getting back into the mainstream, thanks to Covid-19. Despite the growing frequency and severity of claims, many intermediaries stopped selling the Directors and Officers (D&O) because the product became very commoditised in the recent past, and the servicing demands attached to it were high.



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First Published: Sat, June 20 2020. 23:21 IST