Regional Manufacturers' Secret to Affordable High-Limit D&O Coverage

The Role of Risk Management

Effective risk management is a cornerstone of securing affordable D&O insurance. Manufacturers are increasingly adopting proactive measures to identify and mitigate potential risks before they lead to claims. This includes regular audits, compliance training, and fostering a culture of transparency and accountability within the organization. By demonstrating a commitment to risk management, companies can often negotiate lower premiums with insurers, as they are seen as lower-risk clients.