HDI Directors’ & Officers’ (D&O) Liability Insurance to insure against liability risks during the daily course of business

Management and supervisory boards take over responsibility for their companies. Business activities can however result in losses impacting the financials of their own companies or third parties – be it as a result of a mistaken investment, non-compliance with a new law or making false statements during a tender process. Executives are increasingly confronted with claims for financial losses. Corporate leaders face unlimited liability for financial losses with their personal assets. HDI Directors’ & Officers’ (D&O) Liability Insurance provides a safety net to those executives affected, which covers them in an emergency and prevents seizure of their personal assets.

Scope of services at a glance

D&O insurance

The D&O insurance provides insurance cover for directors and officers in case of a claim, resulting out of a financial loss, made against them due to a wrongful act while serving in their responsibility. In the event of a claim, HDI deals with the issues of what is covered and who is liable and pays compensation for justified claims. Unjustified claims are rejected by HDI claims specialists, if necessary, in cooperation with specialised lawyers.

  • HDI D&O insurance covers managers against statutory liability claims by third parties and by their own companies.
  • Corporate leaders are provided with substantial support in the event of a claim. As far as claims for damages by an executive’s own company are concerned, a reversal of the burden of proof applies to the question of liability. That means that the manager must prove that it has not breached its obligations.
  • HDI D&O Comfort, Comfort Plus and HDI D&O Comfort Individual insurance give corporate executives access to tailor made insurance solutions.

This D&O liability insurance, using a simple application procedure, is aimed at the executive bodies of medium-sized companies, specifically private companies with an annual turnover of up to 50 million Euros.

This D&O liability insurance provides comprehensive insurance cover for industrial companies with international activities. The option of putting international insurance programmes in place is provided alongside substantial scope of cover.

This personal D&O policy can be bought by insured persons individually. Insurance cover takes effect when the limit of the company’s insurance cover has been exhausted, a retention for the insured persons within the company D&O applies or the scope of cover is disputed.


Global insurance against liability risks

HDI provides global insurance cover, through its international insurance programmes, with facilities to issue local D&O policies in more than 60 countries.

Steady capacity to provide cover

Over the long term policyholders can rely on high and steady levels of underwriting capacity to insure against these liability risks.

Cover for other liability risks

Insurance solutions are also provided for prospectus liability risks as part of an IPO (initial public offering) or other issues of securities.

Professional support in the event of a claim

In the event of a claim, insured persons can rely on optimum support provided by a global network of claims experts.

Experts’ tip

International compliance requirements

Each entry into a foreign market increases the compliance requirements faced by companies and their executives. You can insure against these liability risks in line with local requirements through an international insurance programme.

Why not talk to our experts.

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