Liability insurances aimed at the protection of corporate directors, officers and their spouses were forecast in 2020 to reach over 20 billion U.S. dollars by 2030. These D&O insurances are aimed to cover fees and settlements should any charges be pressed against them by employees or competitors, but does not cover expenses due to criminal activities or legal punishments. In 2020, the market for this specific liability insurance was sized at less than 10 billion U.S. dollars, according to Next Move Strategy Consulting.
Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030
(in billion U.S. dollars)
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Next Move Strategy Consulting. (July 11, 2022). Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/
Next Move Strategy Consulting. "Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030 (in billion U.S. dollars)." Chart. July 11, 2022. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/
Next Move Strategy Consulting. (2022). Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/
Next Move Strategy Consulting. "Size of The Directors and Officers (D&o) Liability Insurance Market in The United States in 2020, with Forecasts from 2021 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jul 2022, https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/
Next Move Strategy Consulting, Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/ (last visited December 14, 2024)
Size of the directors and officers (D&O) liability insurance market in the United States in 2020, with forecasts from 2021 to 2030 (in billion U.S. dollars) [Graph], Next Move Strategy Consulting, July 11, 2022. [Online]. Available: https://www.statista.com/statistics/1289819/directors-and-officers-liability-insurance-market-size-usa/