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Why D&O Insurance Matters
The necessity of D&O insurance is underscored by the increasing frequency of lawsuits against corporate leaders. According to a report by Allianz, the number of D&O claims has risen significantly over the past decade, primarily due to heightened regulatory scrutiny and the growing complexity of compliance requirements1. Without adequate coverage, directors and officers could face severe financial repercussions, making it crucial for businesses to invest in comprehensive D&O policies.