Are You Liable With Your Personal Assets? It Doesn't Have to Be That Way
Protecting Personal Liability as a Managing Director
What D&O Insurance Covers
Internal Liability
Claims by the company itself or the insolvency administrator against the corporate officer.
External Liability
Claims by third parties — customers, suppliers, authorities, shareholders.
Defense Costs
Attorney and court fees — even in the case of unfounded allegations.
Criminal Defense Support
Coverage of costs for criminal defense in cases involving financial offenses.
Extended Liability Coverage
Protection even after leaving the corporate position — typically 5–10 years.
Spouse Protection
Protection of the spouse in the event of liability extending to jointly held assets.
Who Needs D&O Insurance?
GmbH Managing Directors
Personal liability with private assets under § 43 GmbHG — including negligent breaches of duty.
Board Members (AG/eG)
Personal liability under § 93 AktG. D&O is standard practice in publicly listed companies.
Supervisory Board Members & Advisory Board Members
Duty of oversight — liability for failures in the supervisory function.
Senior Employees
Authorized signatories and senior staff with decision-making authority.
What is covered?
Versichert
- Personal liability of managing directors and board members
- Internal liability (claims by the company itself)
- External liability (claims by third parties such as creditors, authorities)
- Legal defense costs (even for unfounded claims)
- Tax-related liability risks
- Claims arising from delayed filing for insolvency
- Extended reporting period for departed corporate officers
- Co-insurance of authorized signatories and senior employees
Nicht versichert
- Intentional breaches of duty
- Claims for fulfillment of contracts
- Personal enrichment of the manager
- Damages caused by nuclear energy or war
- Known breaches of duty prior to policy inception
- Punitive payments and fines (depending on jurisdiction)
How we protect your board and management members
Risk Assessment
Analyzing industry, revenue, balance sheet, shareholder structure, and specific liability risks.
Coverage Concept
Tailored D&O policy with all relevant modules and sublimits.
Market Placement
Submission to specialized D&O insurers for optimal terms and conditions.
Claims Support
In an emergency: immediate assistance with claims reporting and defense coordination.
Frequently Asked Questions About D&O Insurance
Request D&O Insurance
Free and non-binding.
D&O Protection for Your Management
Protect your personal assets with a tailored D&O policy — advice from a specialist.