No success without succession
Janine Stewart says the Mainzeal case highlighted the importance of skill sets at the board table and the need for succession planning.
Australia and New Zealand are in the midst of the most volatile and restrictive Directors & Officers Liability (D&O) insurance market in its history–commonly known as a ‘hard’ market in the industry. This is not only impacting listed companies, but is flowing through to private companies and not-for-profit organisations. And there are no signs of things getting better anytime soon.
In this publication, we highlight key D&O insurance issues and risks directors need to know about and discuss developments since our 2019 publication D&O insurance–Trends and issues in turbulent times