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In this blog, Francis Kean, Executive Director at Willis Towers Watson discusses the need for company directors and companies to focus on the important elements of D&O policies, as these are becoming longer and more complex, and as claims activity has increased and there are signs that the market may be hardening. NEDs should focus on certain key gateways into cover for virtually all D&O policies and in particular the definitions of: Loss Claim Wrongful act Taking the first of these terms, many D&O policies contain deceptively similar language such as “Loss means damages, judgements against the Insured including
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