Financial Risks

By Chris Hewitt, Lockton

With the recent corporate scandals and the current global financial crisis, many corporations are entering uncharted waters. Couple this with the responsibilities mounting for both executive and non executive directors and officers of corporations, there has never been a time when financial lines insurance — namely Directors and Officers Liability, Professional liability, Pension Trustees Liability, Employment Practices Liability, and related insurances — have become such critical policies for the corporation to have. These are needed to provide protection to their most valuable assets — those who lead the corporation.