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.
Executives have potentially 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, which covers them in an emergency
and prevents seizure of their personal assets.