Directors & Officers liability insurance

Safely protecting private assets

As a managing director or officer, you make daily decisions, and as a member of a supervisory committee, you are involved in crucial processes. In these positions, you are taking calculated risks for your business. Unfortunately, everyone makes mistakes once in a while. However, with the right D&O insurance, you can protect your personal assets. Because in the worst case, that is exactly what is at stake.

The overall number and the amount of the claims filed by key players in the economy have both risen - as evidenced by increasing compensation payments made by D&O insurers. Business media report new cases almost daily. Oftentimes, claims for damages also lead to terminations, or cancellations of contract of employment. Direct consequence for directors or board members: costly district court proceedings. Managers and officers frequently carry a double burden: the claims for damages against their own person, and the costs of asserting their own employment contract claims.


Criminal responsibility
As a director or member of the board, there is always the risk of being targeted by law enforcement agencies. Prosecutors are under legal obligation to investigate any reports - even ones made anonymously. Criminal responsibility is personal responsibility, and it can cause damage to a manager’s reputation. The image of a business can suffer lasting damage because of criminal investigations.

Lampe & Schwartze Assekuranzvermittlung is your partner for D&O insurances: Together, let us discuss your personal risk situation, and check your agreed policy documents.

Do you have any questions, or would you like to receive an individual offer?

Please get in direct contact with us by phone: +49 (0)421 5907-0.
Instead you can also leave a message here and we will call you back promptly.