QBE Insurance : Australia has announced an enhancement to its Directors’ & Officers’ (D&O) product, designed to help boards and senior leaders navigate an increasingly complex risk environment.

QBE Australia has announced an enhancement to its Directors' & Officers' (D&O) product, designed to help boards and senior leaders navigate an increasingly complex risk environment.

As organisations navigate economic uncertainty, regulatory complexity, and an emerging risk landscape, the enhanced solution offers updated policy wording, expanded coverage, and a strengthened dedicated D&O Claims team and legal panel to give customers greater confidence.

The offering also includes a new risk management benefit for Primary Policy customers delivered through the QBE Risk Solutions team. It features online micro-simulation modules designed to build risk awareness among boards and executives and covers key emerging risk topics such as ESG obligations.

"We've enhanced our D&O offering to reflect the evolving needs of today's corporate leaders. It's designed to help address emerging risks and support organisations and their business leaders in finding cover that may suit their needs," said Anthony D'Oca, General Manager of Commercial & People Risk at QBE Australia Pacific.

Key enhancements include:

• Loss mitigation cover and expanded subsidiary cover.
• Expanded coverage benefits, including investigation costs, pre-acquisition liability, and global program capabilities.
• Optional coverage (at additional cost) including Entity Employment Practices Liability, Statutory Liability with option to elect standalone limits and Choice of Counsel, giving customers flexibility to choose their own legal representation (subject to policy conditions).

"Boards and directors are facing new challenges, from ESG obligations to cyber and AI-driven exposures, and with that there can be increased litigation risk. With decades of experience in D&O, QBE remains focused on developing solutions that meet today's challenges and help customers navigate those ahead," Mr D'Oca added.

"This upgrade is backed by deep underwriting expertise and a dedicated claims capability, so customers can rely on QBE for informed guidance and support when it matters most."

For more information, visit the QBE website or contact your broker.

These products are issued by QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545). Read the relevant Policy Wording or PDS and TMD to decide if this product is right for you. See qbe.com.au for product eligibility. This content is brought to you by QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545) (QBE) as a convenience to readers and is not intended to constitute advice (professional or otherwise) or recommendations upon which a reader may rely. QBE makes no warranty or guarantee about the accuracy, completeness, or adequacy of the content. Readers relying on any content do so at their own risk. It is the responsibility of the reader to evaluate the quality and accuracy of the content.