D&O-Versicherung

About the Work The Directors & Officers (D&O) insurance has its roots in the USA but is now widely established in Germany as well. Almost all DAX companies have taken out a D&O insurance policy for their executive bodies. This work systematically explains the fundamentals and peculiarities of D&O insurance, incorporating international aspects. It begins by presenting the initial situation and the concept of D&O insurance, along with the liability risks faced by board members. This is followed by a doctrinal classification of D&O insurance before thoroughly addressing all essential questions related to the insurance contract. Among other things, it discusses the insured parties, the subject matter of the insurance, the definition of damage, the scope of coverage, exclusions, obligations, and contract termination in detail. Additionally, various specialized issues, such as criminal legal protection insurance and the international significance of D&O insurance, are covered. Advantages at a Glance - Workbook for staff and HR departments - Essential reading for the contract departments of all liability insurers - Systematic guidance in a complex new field: internal liability and coverage in internal relationships, external liability and coverage in quadrilateral relationships Regarding the New Edition The new edition takes into account the recent case law of the Federal Court of Justice (BGH) on D&O insurance, the AVBAVG 2017 - the current sample conditions - new products from the insurance industry, and other developments. Target Audience For lawyers, judges, insurance brokers and insurers, professional and interest associations, as well as executives and senior employees in companies and their advisors.