“The digital transformation of businesses has created new types of exposures while exacerbating existing ones. No longer are executive risks limited to the office; they now penetrate digital channels both in our work-from-home setup and our traditional workplace.”
SEC enforcement activity generally is trending upward. The agency reported that it filed 434 new enforcement actions in fiscal year 2021, representing a seven percent increase over the prior year.
A review of directors’ and officers’ coverage for companies operating internationally is a key consideration, according to a recent advisory from Chubb.