This statistic shows the most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018. The most important factor was deemed to be the premium/purchase costs with 99 percent of the respondents mentioning it.
Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018
respondents included directors and officers, risk management professionals, treasurers, and legal and compliance professionals
Supplementary notes
The source adds the following information: "“ABC” D&O insurance commonly refers to D&O insurance products that cover certain: (A) non-indemnified loss of directors, officers and other insured persons, (B) loss of an entity from indemnifying its directors, officers and other insured persons, and (C) loss from an entity’s own liability (for public companies, this coverage is typically limited to Securities Claims). In contrast, Separate “Side-A” (a/k/a “Side-A only,” “dedicated Side-A” “Side-A excess” or “Side-A D-I-C”) insurance commonly refers to specialized D&O coverage only for non-indemnified loss of directors, officers and other insured persons."
This question was phrased by the source as follows: "how important will the following priorities be to your organization’s insurance program over the next 3 years?"
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Willis Towers Watson. (July 18, 2018). Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018 [Graph]. In Statista. Retrieved December 12, 2024, from https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/
Willis Towers Watson. "Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018." Chart. July 18, 2018. Statista. Accessed December 12, 2024. https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/
Willis Towers Watson. (2018). Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018. Statista. Statista Inc.. Accessed: December 12, 2024. https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/
Willis Towers Watson. "Most Important Factors for Companies Purchasing Directors and Officers (D&o) Insurance in The United States in 2018." Statista, Statista Inc., 18 Jul 2018, https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/
Willis Towers Watson, Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018 Statista, https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/ (last visited December 12, 2024)
Most important factors for companies purchasing directors and officers (D&O) insurance in the United States in 2018 [Graph], Willis Towers Watson, July 18, 2018. [Online]. Available: https://www.statista.com/statistics/911923/priorities-for-dando-insurance-purchase-usa/