Insider Secrets to D&O Insurance High Limit Success
The Benefits of High Limit D&O Insurance
Opting for high limit D&O insurance offers several key advantages. Firstly, it provides comprehensive coverage that can accommodate the escalating costs of legal defense and settlements, which have been on the rise globally. According to a report by Allianz, the average cost of a D&O claim has significantly increased, with settlements often reaching millions of dollars1. Furthermore, high limit policies can attract and retain top executive talent, as they offer reassurance that their personal assets are protected against potential corporate liabilities.