Category Archives: Directors & Officers

Are D&O “Derivatives” also Weapons of Mass Destruction?

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Shareholder lawsuits against executives and directors of their companies seem to have taken a turn due north on the risk-o-meter. Continue reading →

Bribery Causes a Company International Pain

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I find it difficult to think of a better recent example of the depth and breadth of pain endured by a single group of companies for bribery-related misdemeanours than that being suffered by French industrial giant, Alstom. Continue reading →

What Risks Will Emerge in 2015?

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Our list of emerging risks for 2015 covers the kind of perils that keep risk managers up at night: cyber risk, oil price volatility, the changing demands of today’s workforce, the over-confidence corporations have in the ability of their entity … Continue reading →

Cyber Risk: New UK Guidance Makes Ostrich Defence for Directors Even More Untenable

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I’m not sure whether I can count HM Government among the loyal followers of my blog so it is probably just a coincidence that in December 2014 it published some really valuable guidance aimed at non-executive directors to help them assessing the measures taken to enhance cyber security in the companies on whose boards they sit. Continue reading →

How Do You Solve a Problem Like Local Policy Limit Burn?

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I understand that this is a less catchy title than the one for the recent BBC television programme. It is, though, still something that exercises the minds of risk managers responsible for placing large international D&O programmes (and maybe other … Continue reading →

English Supreme Court Not Impressed With Corporate Vehicle Run By Arab Prince

Britain Saudi Arabia

Not long ago I blogged about the case of an Arab Sheikh who was a director of  a company involved in litigation in the UK and was made subject to UK jurisdiction even though he was resident in Saudi Arabia.  … Continue reading →

The 12 Risks of Christmas: How We Helped Santa This Year

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Everyone knows Santa to be a great humanitarian and a “jolly old elf,” but he wants to be known for something else: business transparency. So, in our latest client meeting with St. Nick and his senior elf management, they asked … Continue reading →

The SFO Secures its First Bribery Act Convictions: Watershed or Damp Squib?

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It’s been a long time coming but the SFO have at last succeeded in securing its first convictions under the Bribery Act which came into force over three years ago. Given that the Act, by common consent, contains some of … Continue reading →

You Can’t go Far These Days in the Insurance World Without Hearing About Cyber

cyber risk to directors

Everyone wants to talk about cyber. I was recently invited to a cyber-conference in which the blurb said there were over 80 cyber products out there offered by more than 60 different providers. The promise was to debunk the myths … Continue reading →

The Dangerous Intersection Between Indemnities and Insurance in a D&O Context

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What happens when a company grants an indemnity to someone and at the same time agrees to procure insurance for them as part of the company’s own insurance arrangements? Sounds relevant to D&O insurance? You bet. Continue reading →