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The Financial Impact of D&O Claims
The financial implications of D&O claims can be staggering. According to a report by Allianz, the average cost of a D&O claim is approximately $1.5 million2. Without proper coverage, these costs can severely impact a company’s financial health. Moreover, the frequency of D&O claims is on the rise, with an increasing number of cases related to regulatory investigations and shareholder actions. By securing a D&O insurance bundle, businesses can mitigate these risks and protect their financial stability.