Directors & Officers
The Australian market for directors & officers insurance has matured substantially over the last 10 years; a decade which has seen a large number of corporate collapses, greater powers given to regulators, and a developing public appetite for the pursuit not only of corporations, but of their individual office bearers.
Moray & Agnew’s D&O speciality and experience has assisted insurers to enter the D&O market confident that their products are competitive, and that, with our expertise, the inevitable claims will be astutely managed to minimise loss and maximise insureds’ satisfaction.
Our expertise in the areas was recognised when our partners were selected to exclusively author the Australian chapter of ‘Director’s Liability and Indemnification – A Global Guide, (second edition)’, published by Global Law & Business in the UK. This worldwide publication is regarded as essential resource for insurers and insurance-related professionals operating in the directors and officers insurance market.
We provide a broad range of services, including the drafting of policies and endorsements, providing general overseeing advice across a portfolio and managing a large number of individual claims, for both primary and excess layer insurers.
We have assisted insurers and officers in claims including:
- Litigated commercial claims
- Public examinations of individuals by regulators
- Public inquiries, including inquests
- Work health and safety prosecutions
- Defamation proceedings
- Harassment and other workplace misconduct claims.
Our experience covers all industries. Our particular focus is in financial institutions, however we also assist in broad range of industry types, as well as clubs and associations.
Peter Tredinnick is a highly experienced and widely respected individual in the market, with expertise in the areas of professional indemnity, financial institutions, D&O liability, public offering securities insurance and management liability. One client remarks: "Peter is our go-to man on any complex professional indemnity and D&O issue, and we consider him the leading practitioner in Australia on these specialities." Another notes: "He's been in the business for years and he's very well known and very intelligent."
Chambers Asia Pacific, 2018