Executive liability continues to increase

Directors and officers are walking a “managerial tightrope” as executive liability continues to increase annually, according to Allianz Global Corporate & Specialty (AGCS). New risks such as cyber incidents or data privacy, rising regulator and shareholder activism and the influence of third-party litigation funders are putting corporate leaders under more pressure than ever of falling foul of investigations, fines or prosecution over alleged wrongdoing, said the insurer.