Management boards, CEOs and supervisory boards assume responsibilities for their companies. Business activities can however result in losses impacting the financials of their own companies or third parties – be it from a mistaken investment decision, non-compliance with a newly introduced law or making false statements during a tender process. Executives are increasingly confronted with claims for damages. Corporate leaders may face unlimited liability for financial losses up to the amount of their private assets. HDI Directors & Officers (D&O) Liability Insurance provides a safety net to those executives affected, protecting their personal assets from third party claims.