Champagne taste but beer money : why it pays to invest in wording

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      <subfield code="a">What comes to mind when one hears "Financial Lines"? Specialty. Technical expertise. Manuscript policies. These all reflect the reasons for which Financia! Lines are perceived as complex coverages warranting specialised brokers and underwriters. However, in this age of cost optimisation and demands for rapid growth, focus on the importance of wordings and investment in drafting and review have fallen far down and sometimes off the list of priorities. Ms Cecilia Chang of Generan Global Corporate & Commercial says this contributes to the argument that D&O is becoming commoditised </subfield>
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