As D&O Insurance Soars in Australia, Defense-Side Funding May Soon Be a Viable Option
Australia is seeing a spike in Directors & Officers (D&O) insurance which the island nation hasn’t experienced since the 1980’s. This is directly related to the influx of large, US-style class actions, a majority of which are funded by litigation funders. As the cost of D&O insurance spikes, corporations may soon find themselves searching for alternative ways of funding defense-side costs.