We're coming to you LIVE from Riskworld 2025! In this episode of Risk Management: Brick by Brick, host Jason Reichl sits down with Sridhar Manyem, Senior Director and Head of Industry Research at AM Best, for a deep dive into the Directors & Officers insurance market. As the thought leadership arm of the world's oldest insurance credit rating agency, Sridhar reveals the hidden shifts happening in D&O coverage that could impact every organization with a board of directors.

Discover why market complacency might be setting companies up for costly surprises, how COVID-era court backlogs are creating latent risks, and why the current soft market conditions might not reflect true risk levels. Learn about emerging threats like litigation funding, social inflation, and the critical factors every organization should consider when structuring their D&O coverage.

To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.
Podcast Host: Jason Reichl

Executive Producer: Don Halliwell

Episode Highlights:

• [00:00] - Intro: Meet Sridhar Manyem from AM Best
• [02:10] - Market Reality Check: The Biggest D&O Shift in Years
• [04:47] - The Complacency Problem: Why Steep Price Declines Are Concerning 
• [07:18] - Claims-Made Policies: The Extended Risk Timeline Most Miss
• [08:07] - Emerging Threats: Litigation Funding and Social Inflation
• [11:10] - Coverage Strategy: Beyond One-Size-Fits-All Approaches 
• [16:08] - Risky or Too Risky: D&O Decision-Making Game
• [17:50] - Industry Advice: Building Relationships in a Close-Knit Market
  
  

Episode Resources:

• Sridhar Manyem’s LinkedIn
• AM Best
• TrustLayer
  
  

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Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation. 

Check out the three most downloaded episodes: 

• Managing Your Risk Portfolio with Seth Hausman
• Focusing on Specialization with Matthew Meyer
• Risk Management is Everywhere with Diana Rich

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