12.7.20

D&O Renewals in the Age of COVID-19

Six Issues to Consider Before Renewing Your D&O Insurance During a Pandemic

Magnifying Glass

At the start of 2020, the market for directors and officers (D&O) insurance in the public company sector was already hardening. A significant rise in IPOs over the past few years resulted in a sharp increase in securities litigation and steadily rising settlement values. The onset of the COVID-19 pandemic only increased public companies’ woes. The pandemic-fueled economic collapse has deeply eroded their market capitalization, and the resulting economic slowdown shows no end in sight.

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