D&O Insurance
Structuring management risks. Developing insurance solutions. Making liability predictable.
Growing Liability Risks
Board members, managing directors, executive board members, and supervisory board members are facing increasing liability pressures. Regulatory requirements, stricter case law, rising compliance expectations, and complex economic conditions are leading to a significant increase in personal liability risks.
exxis develops comprehensive D&O insurance solutions for insurers and brokers—from the initial product concept through policy design, premium calculation, and underwriting logic to successful market placement.
Our solutions combine legal expertise, actuarial know-how, and claims experience to create marketable and financially sound D&O solutions.
This provides brokers with high-performing, differentiated products for their clients, while enabling insurers to underwrite directors and officers liability risks in a way that is manageable, predictable, and sustainably profitable.
Product Development & Design
exxis designs comprehensive D&O insurance products, including:
- Drafting of policy terms and coverage design
- Development of premium models and pricing logic
- Creation of underwriting guidelines and underwriting criteria
- Management of market launch and product placement
Placement & Market Access
We structure and place D&O insurance solutions with national and international insurers:
- Access to leading D&O insurers and specialized capacity
- Placement of complex risks and excess coverage
- Structuring of quota share, syndicated, and layer models
Underwriting & Claims Assessment
The close integration of product development, underwriting, and claims management ensures practical, legally sound, and financially viable D&O solutions.
– Hannes Pfeiffenberger, Underwriter Financial Lines/D&OOur expertise: Always up to date! Our D&O policy language: State-of-the-art. Our approach: Personal, straightforward, and always open to discussion.
Product highlights of our D&O plans
Comprehensive D&O coverage – structured, predictable, market-competitive
Explicitly included: Chief physicians, medical directors. No disputes in the event of an insurance claim.
Sleep-Well solution for the board of directors; the insurer has no right of veto regarding the selection of a lawyer from the network.
Very comprehensive and available even before an insurance claim arises. Particularly beneficial for board members.
Extended late registration period for board members and management.
The order of priority in cases where the sum insured is insufficient is clearly established in favor of the managing directors/governing bodies. This is an important consideration in the event of a claim.
Partial rescission is provided for only against persons acting in bad faith; the contract remains in force with respect to insured persons acting in good faith (vP) – explicitly vP-friendly! Very important and significant: the Cologne Higher Regional Court’s ruling on Greensill dated February 10, 2026, following the Federal Court of Justice’s “Heros II” ruling.
Claims Handling – Examples
Cyberattack and failure to comply with NIS 2 reporting requirements
A ransomware attack temporarily paralyzes core IT systems and operational processes. Due to organizational constraints, the NIS2 reporting deadlines mandated by law are missed; regulatory authorities criticize the lack of monitoring and inadequate incident response processes.
Delaying Filing for Bankruptcy Following a Liquidity Crisis
Despite the company having become insolvent or over-indebted, the petition for bankruptcy is filed late. The bankruptcy trustee demands repayment of payments made after the company became insolvent and asserts liability claims against members of the executive body.
SME Case: Prohibited Payment to Shareholders
Management authorizes a payment to a shareholder even though the company’s financial situation is strained and no adequate capital or liquidity review has been documented. After further losses occur, the company or the insolvency administrator demands repayment of the payment on the grounds of a violation of capital maintenance regulations and seeks recourse against the members of the executive body.
Why choose D&O insurance solutions from exxis?
- Extensive experience in developing D&O and financial lines products
- In-depth legal and underwriting expertise
- Market knowledge and access to leading D&O insurers
- Extensive claims expertise in complex liability cases
- Customized solutions for broker networks and insurers
Contact us
exxis - Your insurer for complex risks
Would you like to learn more or speak with us directly?
Email: info(at)exxis(dot)de
Phone: +49 (0) 5231 603-0
Location: Detmold