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Past Event
14 November 2018

3:00 p.m. – 3:30 p.m. CET (Germany)
9:00 a.m. – 9:30 a.m. EST (US / New York)

In cooperation with Howden Germany GmbH


  • Dr. Ulrike Binder
    T +49 69 7941 1297
  • Dr. Jan Kraayvanger
    T +49 69 7941 2271

Additional Speakers

Howden Germany GmbH:
Marcel Armon, CEO
Dr. Burkhard Fassbach, Legal Counsel

Corporate Compliance, Executive Liability and D&O Insurance in Germany

In this webinar, we provided you with the essentials any managing director of a German corporation should know about corporate compliance, executive liability and D&O insurance.

The webinar consisted of three parts:

  1. Dr. Burkhard Fassbach, legal counsel at Howden Germany GmbH, will speak about the management’s compliance duties. He will discuss the core elements of a compliance management system, the supervisory duties in the German two-tier-system as well as internal investigations.
  2. Dr. Jan Kraayvanger and Dr. Ulrike Binder will provide the basic principles of management liability under German law and describe the high liability risks managing directors are facing. In particular, they will discuss the so-called ARAG/Garmenbeck doctrine, the limitations of the business judgment rule and the high prerequisites for a settlement, etc.
  3. Marcel Armon, CEO of Howden Germany GmbH, will elaborate on relevant aspects of D&O insurance policies such as scope, structure, exclusions, obligations, etc. He will also introduce recent innovations such as the two-tier trigger policy for members of the supervisory board.

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