Financial institutions and directors and officers continue to face increasing exposure with the growing willingness of both the courts and regulators to hold them more accountable. This has led to a corresponding increase in exposures for FI and D&O insurers. This ever-evolving risk landscape sits within a time of great uncertainty for FIs and D&Os in the UK, with the unknown outcome and impact of Brexit placing increased demands on time and resources.
Against this backdrop, we provide an overview of the current regulatory landscape in the UK and the emerging exposures for FIs and D&Os, in addition to summarising the important UK cases from the last year and looking at what to expect in 2019. Finally, we provide a bird’s eye view of the key issues we are seeing for the FI/D&O market across our global network.