Coverage provided by one carrier? Connecting D&O and fidelity insurance

Monday, December 9, 2013 Veröffentlichungen

Article by Dr. Fabian Herdter in Versicherungspraxis 12/2013

Corruption and bribery in companies often raise the issue which insurance could be triggered and towards which insurance the company can notice the claim. This applies in particular where board members or managers are held responsible for (assumedly intentional) causation of losses through their own employees arising from lack of control and breaching of supervisory duties.

In such context, in particular D&O- and fidelity insurance could be triggered. In general, these two insurances provide cover for different risks. However, mainly in corruption and bribery cases overlaps appear, as Fabian Herdter's article points out.


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