Answered By
Jonathan Selby - Founder Shield
Technology Practice Lead

With his years as a Long Island Broker, Jonathan blends the “old school” with fresh, tech-powered ideas. His commitment to turning over one more stone reassures us that we can pursue the perfect insurance fit for our clients, regardless of their challenges in the Digital World. The sky is the limit when humans and tech collaborate responsibly.

What Drives D&O Insurance Costs?

Asked by: James L.

Jonathan Selby - Founder Shield
Jonathan Selby

Here are some key factors affecting D&O insurance costs:
• Company size and financial health: Larger, less stable companies face higher premiums.
• Industry: High-risk industries like finance, healthcare, and tech pay more.
• Claims history: Past claims increase premiums.
• Regulatory environment: Stricter regulations mean higher costs.
• Public vs. private: Public companies pay more due to increased scrutiny.
• Coverage limits and deductibles: Higher coverage and lower deductibles lead to higher premiums.
• Policy features and exclusions: Additional features and fewer exclusions increase costs.
• Management experience and practices: Strong leadership can lower premiums.

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