In today’s dynamic business environment, understanding the potential threats to your directors and officers is paramount. Companies like yours must have the data and tools that allow you to accurately assess the likelihood of various hypothetical claims and their possible outcomes to make informed decisions regarding the insurance policy structures and limits that you should be purchasing.
To develop effective directors and officers liability (D&O) insurance coverage, you must gain a clear perspective of the potential frequency and severity of these risks based on your organisation’s risk profile. Without that, your organisation, as well as individual directors, officers, and board members, could face significant uninsured exposures. Blue[i] D&O is designed to provide critical insights that empower you to navigate today’s evolving and emerging risks with confidence.
Blue[i] D&O, part of our Blue[i] suite of solutions, allows you to better understand your litigation exposure across multiple scenarios and build an insurance programme that better protects your organisation and its directors and officers. The solution incorporates the functionality of our established 'Identify Damages Evaluate Assess Limits (IDEAL+) predictive model into a more comprehensive digital solution that allows public companies to model D&O claims scenarios in real time. This innovative tool can help you build an efficient D&O insurance policy structure that is tailored to your organisation’s risk appetite and broader view of risk. It can help you answer the following questions:
- Identify specific factors unique to your company that contribute to D&O claim risk.
- Evaluate the likelihood of various types of claims your company may face based on your geographic location, including shareholder class action lawsuits, derivative suits, and regulatory actions.
- Estimate the potential costs your company could incur, including defense and settlement expenses, in the event of a claim.
By unlocking the power of risk intelligence, Blue[i] D&O empowers your organisation to identify and capitalise on opportunities while effectively managing risks. The insights gained, together with the knowledge and experience of our specialists, can inform your strategic decisions to enhance resilience and build confidence while navigating the complexities of today’s business environment.
Like all of our solutions, Blue[i] D&O is backed by Marsh’s unmatched team of specialists who, empowered with the solution’s holistic view of risk, can help you develop creative, custom solutions for your organisation’s needs.
