Marsh introduces D&O initiative
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Marsh LLC said Monday it is introducing a directors and officers liability insurance initiative that recognizes U.S.-based clients with superior environmental, social and governance frameworks.
Marsh said its clients will work with select international law firms to review, evaluate and, in some cases, bolster their ESG frameworks.
These clients will then, subject to underwriting, be considered for preferred D&O policy terms and conditions for ESG-related exposures, such as climate change disclosures and representations, Marsh said in its statement.
Marsh said the four participating D&O insurers are American International Group Inc., Berkshire Hathaway Specialty Insurance, Sompo International and Zurich North America.
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