Directors & Officers
In the wake of the global financial crisis, directors and officers (D&O) policies are no longer optional insurance purchases. Backed by a growth in the number of litigation funders, more specialised plaintiff law firms and continued legislative changes that expose all directors (executive and non-executive) and officers to increased scrutiny and culpability, there has been a dramatic growth in claims against directors and company executives.
Our lawyers who specialise in this area have extensive experience in handling claims on behalf of both primary and excess insurers, as well as individual directors and officers across a diverse range of industries. We have acted in some of the key D&O class actions in Australia, in addition to being instructed in many small to medium sized D&O claims, both litigated and non-litigated. We also act in claims arising in Asia and the United States.
In addition to providing coverage advice and acting in defence of claims, Wotton + Kearney also regularly advises insurers and brokers on D&O policy wordings and specific endorsements.
The firm’s expertise in handling D&O claims is also relevant to our increasing role in acting for insureds in the ever growing sphere of management liability claims, OH&S investigations and prosecutions, EPL claims and privacy/data breaches and cyber risks.