Guest Post: Three Industry Predictions.  How Did We Do? | The D&O Diary

Prediction 1

We will see a flurry of cyber claims spill over and create Directors and Officers (D&O) claims. Insurance brokers, insurance underwriters, executives, and board members are rightly concerned with this possibility.  However, privately held companies and nonprofit organizations have not seen many cyber claims morph into D&O claims.

Was this first prediction accurate? We are off base so far.  We have only seen isolated cases of cyber claims turning into D&O claims.  There have certainly been a few claims, most notably in the publicly traded space.  However, our claim dataset shows little cyber activity spilling over into D&O claims for privately held companies and nonprofit organizations.

Source: Guest Post: Three Industry Predictions.  How Did We Do? | The D&O Diary