Insurance Covered: D&O liability, defense costs, and coverage decisions with Marsh UK

Episode 4: Directors and officers face growing personal exposure from the decisions they make in their corporate roles.   What does D&O insurance actually cover? What should boards and their advisers be weighing when purchasing or reviewing coverage? And how do defense costs and compensation payments work in practice when a claim is made?  Charlie Weston-Simons, insurance litigation and cyber partner at A&O Shearman, leads the conversation with Russell Butland, insurance litigation partner at A&O Shearman, and Helen Haggie, head of management liability at Marsh UK.  Together, they examine the core purpose of D&O insurance, what it indemnifies, how defense costs and compensation payments operate, and the practical considerations that matter most at the point of purchase.  Board members, general counsel, company secretaries, and risk officers considering or reviewing D&O coverage will leave this episode with a clearer framework for assessing the protection their organization actually needs.  Insurance Covered examines the issues, disputes and trends shaping the global insurance market. Our insurance specialists engage expert voices from across the industry to explore coverage questions, claims trends and emerging risks. The series is designed for insurance professionals, risk managers and in-house counsel navigating an increasingly complex landscape.