Directors & Officers
Specialising in policies and claims relating to D&O liability
The surge in shareholder class actions is impacting insurers—contributing to D&O losses—and insureds—posing significant risks to those involved in terms of legal exposure and reputational damage. We have extensive experience advising on claims management, coverage advice, defence and investigations on behalf of primary and excess insurers, as well as individual directors and officers across a diverse range of industries.
We have an in-depth understanding of directors’ duties, of the corporate and regulatory framework and can assist with practical and commercial advice when difficult decisions are required. Clients ask us to facilitate tailored training programs for boards on the fundamentals of D&O liability and other financial regulatory issues.
We also regularly advise insurers and brokers on D&O policy wordings and corporate clients on insurance policy wording, operational issues, transactional risk, good faith issues, conditions, exclusions, premium loading and endorsements.
When a D&O insurer is coordinating the defence efforts of a number of insureds, we work cooperatively with the other, separately represented directors and officers. Our approach is to maximise the areas of cooperation and cost-sharing, and to prepare the defence of an action cost effectively, while preserving any boundaries that are properly in place between the director parties.
Reinsurers also ask us to assist with reinsurance contract drafting and interpretation, claims advice, coverage disputes, including multi-jurisdictional litigated and arbitrated disputes, and commutations, schemes of arrangement and other aspects of run-off or transfer of business
Clients value our down-to-earth, practical, collaborative approach and our focus on making their lives easier.
What others say
Winner, Australasian Law Awards, Insurance Specialist Firm of the Year 2018, 2017 & 2016