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Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage

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Source

Release date

July 2018

Region

United States

Survey time period

January to April 2018

Number of respondents

77 respondents

Special properties

respondents included directors and officers, risk management professionals, treasurers, and legal and compliance professionals

Supplementary notes

The source adds the following information: "鈥淎BC鈥 D&O insurance commonly refers to D&O insurance products that cover certain: (A) non-indemnified loss of directors, officers and other insured persons, (B) loss of an entity from indemnifying its directors, officers and other insured persons, and (C) loss from an entity鈥檚 own liability (for public companies, this coverage is typically limited to Securities Claims). In contrast, Separate 鈥淪ide-A鈥 (a/k/a 鈥淪ide-A only,鈥 鈥渄edicated Side-A鈥 鈥淪ide-A excess鈥 or 鈥淪ide-A D-I-C鈥) insurance commonly refers to specialized D&O coverage only for non-indemnified loss of directors, officers and other insured persons."
Responses 鈥楧on鈥檛 buy D&O insurance鈥 and 鈥楧on鈥檛 buy Side-A insurance鈥 were not reflected.

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D&O insurance purchase reasons in the U.S. 2018, by coverage type

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