Special risks
Some risks require tailor-made solutions. Special insurance policies offer protection for business areas with unusual requirements or increase security in special cases. Whether unusual claims, complex transport routes or international projects: we work with you to develop individual concepts so that you can operate with peace of mind.
Insurance against cyber risks
Cybercrime poses a serious threat to businesses of all sizes. Cyber insurance protects you against financial losses caused by hacker attacks, malware, data loss and other digital risks. Not only does it provide financial protection, but it also often includes crisis management services, IT forensics and PR support in the event of a claim.
Examples of damage
ransomware attack
A company falls victim to ransomware that encrypts all its data. Cyber insurance covers restoration costs, IT forensics and, if necessary, ransom payments – provided this is stipulated in the contract.
Business interruption following a hacker attack
An attack on the company’s servers paralyses important processes. Cyber insurance covers loss of earnings and system restoration so that business operations can continue as quickly as possible.
Data leak due to phishing email
An employee accidentally opens a manipulated attachment. Customer data falls into the wrong hands and must be reported. Cyber insurance covers the costs of PR measures, notification obligations and possible claims for damages.
D&O insurance
Decision makers bear a great deal of responsibility. Even minor misjudgements can lead to considerable financial losses and trigger personal liability for those responsible. With D&O insurance (Directors & Officers), you can protect the management, the board of directors and senior executives from the consequences of breaches of duty or management errors. This insurance concept offers both financial support in the event of third-party claims and legal protection in the event of legal disputes.
Examples of damage
Faulty investment decision
A managing director approves a large-scale project that subsequently proves to be unprofitable. Shareholders or partners demand compensation for the miscalculation. D&O insurance covers the defence costs and any compensation payments.
Breach of compliance policies
A member of the board of directors unintentionally violates internal guidelines and government regulations. As a result, fines are imposed and legal costs are incurred. The D&O policy steps in to cushion the personal liability of the board member.
Unclear responsibilities when concluding contracts
A senior executive signs a contract in good faith, which later proves to be detrimental to the company. Business partners assert claims. D&O insurance covers the claims asserted under personal liability and any legal fees incurred.
Further insurance cover
- Legal protection/special criminal legal protection insurance
- Professional/financial loss/discrimination liability insurance
- Credit/surety insurance
- Fidelity insurance
- Reinsurance of partial retirement agreements/long-term accounts
- Key person/dread disease insurance
- International travel health insurance
- Corporate protection (life & business/kidnapping and extortion)
- Supply chain cover
- and much more
