Liability and its insurability can define business to a greater extent than currently perceived by businesspeople. A functioning insurance market for the fundamental risks created by operating in a globalised market is essential.
The insurance of product and environmental liability is one specific aspect of this issue. However, the personal liability of management is coming increasingly to the fore. Such liability may to a certain extent be insured under Directors and Officers Liability Insurance (D&O).
The liability risks for the enterprise and its management govern the daily work of the corporate lawyer. Thorough knowledge of the insurability of prominent risks is crucial. We rely on our own extensive experience of the insurance industry both in Germany and abroad.