Core Insights - 80% of directors and officers view health and safety risks as very or extremely important, with physical workplace risks being the most significant concern for 43% of respondents [1] - Civil litigation and third-party claims have emerged as significant risks for 63% of directors and officers, particularly noted by smaller organizations and those with revenues between $1 and $5 billion [2] - Climate change is no longer a top concern in several regions, while diversity, equity, and inclusion have entered the top seven risks for Great Britain, North America, and Africa [3] - Cybersecurity and data privacy are critical concerns for 77% of respondents, but artificial intelligence is perceived as less important, with only 51% considering it very or extremely important [4] - The evolving risk landscape necessitates that D&O insurance reflects current challenges, including litigation risks and cyber threats [5] Summary by Category Health and Safety Risks - 80% of directors and officers consider health and safety risks very or extremely important [1] - Physical workplace risks are prioritized by 43%, followed by employee mental health (28%) and personal matters (12%) [1] Legal and Compliance Risks - Civil litigation and third-party claims are significant concerns for 63% of directors and officers, especially in smaller organizations [2] - Larger organizations focus on diversity, equity, inclusion, bribery, and corruption as top risks [2] Social and Environmental Risks - Climate change is no longer a top seven risk in regions like Asia and North America, while social risks, including human rights breaches, have seen a significant increase in concern [3] - Concern about supplier business practices has risen from 27% in 2021 to 59% in 2025 [3] Cybersecurity and Technological Risks - Cybersecurity and data privacy are deemed very important by 77% of respondents, indicating a need for more board expertise in these areas [4] - Artificial intelligence is considered less critical, with only 51% of respondents rating it as very or extremely important [4] D&O Insurance Market Trends - Cost remains the primary driver for D&O insurance purchasing decisions despite rising litigation risks [5] - Companies are encouraged to adopt a proactive approach to optimize D&O coverage and mitigate risks [5]