D & O Insurance
D&O-Insurance
Directors & Officers Liability: The insurance against financial loss
for representatives of corporate bodies
Representatives of corporate bodies (e.g. managing directors of a limited liability corporation, board member managers of a stock corporation, advisory board members, etc.) are constantly moving “on the edge”. They have to solve problems in various areas, such as economy, legislation, social actions and politics.
In doing so, however, the daily operational routine often demands quick decisions and same must often be made with only intransparent and fragmentary information at the manager’s disposal, which in turn may lead to mistakes and the consequences hereof are not always obvious at the first glance.
This often leads to material damage, which might initiate claims from the enterprise itself, the owner (internal liability), or third parties – such as banks, social security agencies etc. (external liability).
Typical claim scenarios:
Here, the D&O-Insurance has a double function:
The representative is protected against internal and external claims, i.e. the defense against an alleged breach of obligations is as much insured as is the material damage arising for the enterprise from a culpable breach against the customary care and diligence in trade business.
How many decisions do you have to make every day and do you know, how they might influence your position and your company? Contact us and we’ll show you, which risks may arise for your company by noncommittally completing the “D&O-Insurance Risk Check“ with you.
Tel.: +49 89 149708-100 or REQUEST BY MAIL
Directors & Officers Liability: The insurance against financial loss
for representatives of corporate bodies
Representatives of corporate bodies (e.g. managing directors of a limited liability corporation, board member managers of a stock corporation, advisory board members, etc.) are constantly moving “on the edge”. They have to solve problems in various areas, such as economy, legislation, social actions and politics.
In doing so, however, the daily operational routine often demands quick decisions and same must often be made with only intransparent and fragmentary information at the manager’s disposal, which in turn may lead to mistakes and the consequences hereof are not always obvious at the first glance.
This often leads to material damage, which might initiate claims from the enterprise itself, the owner (internal liability), or third parties – such as banks, social security agencies etc. (external liability).
Typical claim scenarios:
- - overstepping one’s sphere of authority
- - debt resp. bankruptcy risks
- - endangering company assets
- - insufficient supervision of colleagues
- - contempt of the categorical priority of company interests (collision of interests)
Here, the D&O-Insurance has a double function:
The representative is protected against internal and external claims, i.e. the defense against an alleged breach of obligations is as much insured as is the material damage arising for the enterprise from a culpable breach against the customary care and diligence in trade business.
How many decisions do you have to make every day and do you know, how they might influence your position and your company? Contact us and we’ll show you, which risks may arise for your company by noncommittally completing the “D&O-Insurance Risk Check“ with you.
Tel.: +49 89 149708-100 or REQUEST BY MAIL
- A company of the Aktiv AG Dienstleistungen und Beteiligungen, Munich
