D&O insurance worldwide - statistics & facts
Protecting the organization against the financial risks caused by cyber attacks, climate change, or shareholder disputes are just some of the reasons why a company would take out directors and officers (D&O) liability insurance. This type of insurance reimburses the directors and officers of a company for losses incurred due to legal action brought against them in their role at the company. In 2022, directors and risk managers globally were most concerned about the risk of cyber attack and data loss to their organization. Most companies store their data digitally and the number of data breaches has been rising over the past 15 years.
