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

The personnal liability of a D&O is triggered by a third party: a client, an employee, a creditor, a competitor, a shareholder, … to compensate for the loss. Management boards, CEOs and supervisory boards assume responsibilities for their companies. Business activities can however quickly result in losses impacting on their own companies or third parties – be it from a mistaken investment decisions, non-compliance with a newly introduced law or making false statements during a tender process. Executives are then increasingly frequently confronted with claims for damages. Corporate have potentially unlimited liability for financial losses up to the amount of their private assets. Providing a safety net to those executives affected, which covers them in an emergency and prevents seizure of their personal assets, is also protecting the future of the company.


Scope of services at a glance

D&O insurance

The D&O insurance policy provides insurance cover if a member of an executive body has a claim for damages made against them as a result of a breach of duty. In the event of a claim, HDI hires the best lawyers to conduct the defense and demonstrate that the insured has not failed to its duties as he must prove it.

  • HDI D&O insurance covers decision-makers against statutory liability claims by third-parties and by their own companies.

Highlights

Global insurance against liability risks

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

Steady capacity to provide cover

Over the long term policyholders can rely on high and consistent levels of underwriting capacity for insurance against these liability risks.

Steady capacity to provide cover

Over the long term policyholders can rely on high and consistent levels of underwriting capacity for insurance against these liability risks.

Professional support in the event of a claim

In the event of a claim, HDI’s many years of experience means insured persons can rely on optimum support, taking into consideration the trauma on private, professional and family life, provided by a global network of claims lawyers and on rapid settlement of any claims.


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.


In brief

  • Targets : CAC 40 and SFB 120
  • Capacity: up to €25 millions 
  • Strategy: Excess layers, minimum attachment point: €25 millions. EPLI bundled with D&O
  • Targets : Mid size companies (€100 millions to €1 billion in turnover)
  • Capacity: up to €15 M
  • Strategy : primary, excess layers, co-insurance, based on our wording or on broker’s or competitor’s wording. (after analysis).