Recent court decisions, including one involving Mainzeal, have set legal precedents that have spilled over into corporate governance.
Photo: CC BY-SA 3.0 / Schwede66
- Legal, economic and litigation uncertainties are increasing risks for directors.
- Directors and officers insurance (D&O) claims are expected to rise.
- Ninety-five percent of directors now have liability insurance.
- Climate and AI risks are a new frontier.
Company and organisation directors are facing a growing storm of risks driven by legal uncertainty, rising company liquidations and the rise of litigation funding according to a new report from the Institute of Directors.
The D&O Insurance- the Shifting Sands of Risk report said claims were likely to increase…