New FOIL team focusing on director & officer liability
The Forum of Insurance Lawyers (FOIL) has announced the establishment of its twentieth sector focus team, concentrating on director and officer liability.
The sector focus team initiative, with each team composed of five or six lawyers from various member firms, was created by FOIL in order to mirror the operational structure of the insurance industry. These teams aim to develop FOIL policy, conduct events and training, and spearhead the forum’s campaigns.
The newest team focusing on director and officer liability was created in response to the rise in claims against corporate leaders and board members, as senior figures in business have come in for greater scrutiny in recent years.
FOIL chief executive Laurence Besemer (pictured) commented: ‘Establishing the D&O sector focus team was a logical step in response to the demands of members’ clients and trends in the insurance industry. We feel FOIL is now well placed to address the challenges raised by regulatory changes in the digital age.’
