D&O (Directors and Officers Liability)
Directors & Officers (D&O) Liability Insurance
Make decisions with confidence, not fear
Members of boards of directors and supervisory boards are personally liable for their decisions with all their personal assets. If they cause damage to the company, shareholders, or creditors by breaching their duty of care, the consequences can be devastating for them and their families. D&O insurance creates a safe zone for bold strategic decisions.
Protection for Officers
Protection of Personal Assets
D&O insurance is designed to protect managers' private assets from claims for damages. These claims can be brought not only by shareholders or partners, but also by creditors or insolvency administrators in the event of insolvency. The insurance covers financial damages that a manager unintentionally causes through a faulty management decision, an incorrect investment, or negligence in management.
Legal Defense and Reputation
A significant component of the insurance is the coverage of legal representation costs, which can be enormous in complex commercial disputes. The insurance helps managers defend against unfounded accusations and clear their names. Coverage also extends to investigations by state authorities and regulators.
Let's talk about D&O insurance
Members of boards of directors and supervisory boards are personally liable for their decisions with all their personal assets. If they cause damage to the company, shareholders, or creditors by breaching their duty of care, the consequences can be devastating for them and their families. D&O insurance creates a safe zone for bold strategic decisions.
