Personal D&O insurance on Finlex platform - protection for managers up to 500 million euros in sales

Von NAG Redaktion

As a Berlin citizen, I am excited to pursue the latest developments in the insurance industry, especially with regard to personal D&O insurance. According to a current press release, managers of companies with sales of up to 500 million euros can now take out their personal D&O insurance online online via the Finlex platform. This offers a slim risk examination process and enables immediate coverage orders with insurance sums of up to five million euros.

These news could have a potentially impact on local companies in Berlin, especially those who are in a growth stage and whose managers now have the opportunity to secure their personal liability. This could help to minimize the entrepreneurial risk and to increase the attractiveness of Berlin as a location for start -ups and growth.

It is interesting to see that personal D&O insurance managers protects against the financial consequences of professional wrong decisions and offers them full control over the design of their insurance cover. The offer also includes a partial employment law protection, which in the event of a claim guarantees the continued payment of the salary and the assumption of costs for defense against labor law measures.

At the start, three insurers are on board who offer various protection and consulting services. This could lead to managers in Berlin have a wider range of options to secure their personal liability and protect themselves legally. In addition, these new insurance opportunities could have a positive effect on business activities and the growth of many companies in Berlin.

The Finlex platform, which enables personal D&O insurance, is operated by a leading digital marketplace for cyber and financial lines in Germany and Austria. The company has a well-founded insurance know-how and strives to initiate a new era in commercial and industrial insurance. With a headquarters in Frankfurt am Main and offices in Berlin and other German cities, the company is well positioned to offer innovative insurance solutions that support local companies in Berlin and minimize their risks.

Overall, the introduction of this personal D&O insurance via the Finlex platform could have a positive impact on the local economy and entrepreneurship in Berlin by offering an additional protection and security option for managers and managers.


Source: finlex GmbH / OTS