Commoditising D&O coverage is dangerous: Duperreault

The idea of directors and officers insurance becoming
commoditised "is dangerous to me," especially as cyber,
cultural and corporate irresponsibility risks that corporate boards
and managements face continue to get more complex, AIG CEO Brian
Duperreault told a gathering of industry leaders today.
Pressure on D&O liabilities is "helping to get prices
to harden," but insurers aren't seeing an adequate
response by excess lines underwriters, Duperreault said in keynote
remarks at the PLUS D&