Directors and Officers insurance is aimed specifically at company managers and managers. With D&O insurance, as the insurance policy is also briefly described, managing directors or other executives receive financial protection.

Senior employees and managers not only have a particularly high responsibility towards the company and the employees, but at the same time they can be held liable for damages. Underlife they make a mistake, then the financial loss caused can cause them to stand straight for this with their private assets. This can also mean high financial cuts or even financial ruin for the executive, especially in the case of high financial losses. By completing a special D&O insurance, it is possible to limit this financial risk.

D&O insurance shall be suitable for financial losses that have occurred in the context of the management activities. If, for example, the manager leads to a breach of duty and a subsequent financial loss, then the company can be regulated via the insurance taken out. The insurance means that the insurance may regulate claims for damages by the company itself as well as such claims that are brought to the company from the outside as a result of the breach of duty.

With an insurance of this kind, there is even the possibility of securing mistakes from the past. Because not all errors always come to light immediately and cause damage directly. However, the error for this must not have been known when concluding a contract, because otherwise co-insurance is not possible. However, there are also mistakes in the area of management that only have an effect after years. At the same time, it may be useful to combine D&O insurance with a pecuniary damage insurance. Because legal disputes occur not unevenly in the context of management errors.