Being a director or officer of a company comes with many responsibilities – responsibilities that if not met are increasingly resulting in claims directly against directors and officers. This is true worldwide. In Global Insurance Law Connect 2025 Directors’ and Officers’ Global Trends report, it highlighted causes such as greater expectations by shareholders and increased legislative and regulatory requirements.
Most frequently, claims against directors and officers are made concerning:
- Stakeholder litigation;
- Regulatory breaches; and
- Bankruptcy claims.