This statistic shows the reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage. In 2018, 72 percent of the U.S. companies purchased Side-A insurance to protect individuals.
Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage
respondents included directors and officers, risk management professionals, treasurers, and legal and compliance professionals
Supplementary notes
The source adds the following information: "“ABC” D&O insurance commonly refers to D&O insurance products that cover certain: (A) non-indemnified loss of directors, officers and other insured persons, (B) loss of an entity from indemnifying its directors, officers and other insured persons, and (C) loss from an entity’s own liability (for public companies, this coverage is typically limited to Securities Claims). In contrast, Separate “Side-A” (a/k/a “Side-A only,” “dedicated Side-A” “Side-A excess” or “Side-A D-I-C”) insurance commonly refers to specialized D&O coverage only for non-indemnified loss of directors, officers and other insured persons."
Responses ‘Don’t buy D&O insurance’ and ‘Don’t buy Side-A insurance’ were not reflected.
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Willis Towers Watson. (July 18, 2018). Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/
Willis Towers Watson. "Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage." Chart. July 18, 2018. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/
Willis Towers Watson. (2018). Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/
Willis Towers Watson. "Reasons for Purchase of Directors and Officers (D&o) Insurance by Companies in The United States in 2018, by Type of Coverage." Statista, Statista Inc., 18 Jul 2018, https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/
Willis Towers Watson, Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage Statista, https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/ (last visited December 30, 2024)
Reasons for purchase of directors and officers (D&O) insurance by companies in the United States in 2018, by type of coverage [Graph], Willis Towers Watson, July 18, 2018. [Online]. Available: https://www.statista.com/statistics/911859/dando-coverage-purchase-reasons-usa-by-coverage-type/
