Airmic

AIRMIC publishes updated D&O guide

AIRMIC has updated and republished its guide to Directors’ & Officers’ insurance. The new document revises the D&O guide, which was published in 2004 in response to soaring rates. Like its predecessor, it outlines the role of D&O insurance in a modern organisation, with advice on how to purchase cover efficiently.

The revisions take into account the Companies Act of 2006, especially the stronger codification of directors’ responsibilities enshrined in the measure.

“This is a fine tuning exercise rather than a radical rewrite,” said Technical Director Paul Hopkin, author of both guides. “It clarifies matters in light of recent legislation following requests from several AIRMIC members.”

The original guide was downloaded several hundred times from the members’ section of the association’s website. The new one has been sent free to all members.


For further information, contact:
Paul Hopkin, AIRMIC, +44 (0) 207 4481, paul.hopkin@airmic.co.uk
Mark Baylis, Complete Communications, +44 (0) 7775 693994, markbaylis@aol.com

Note to editors: Picture of Paul Hopkin available on request.

AIRMIC represents risk managers and insurance buyers. Members include 75% of FTSE 100 companies. They spend in aggregate more than £5 billion p.a. on insurance.