Liability Insurance

TARGETED PREVENTION

Business liability insurance protects your company against unforeseeable and incalculable claims by third parties for personal injury and property damage arising from your business activities. It also applies in the event that your employees cause damage to third parties in the course of their work. As a company manager, you are subject to a variety of liability risks. In the case of damage for which you are at fault, you are liable in unlimited amount and with all your assets. In this case, business liability insurance from Pantaenius can serve to ensure your continued existence.

UNSURPASSED INSURANCE PROTECTION AGAINST DAMAGE FROM ENVIRONMENTAL IMPACT

Pantaenius' environmental liability insurance is a supplement to our business liability insurance. The scope of services includes personal injury, damage to property and financial losses caused by environmental influences. The insurance covers the statutory liability of the insured company, e.g. the plant operator, for damage caused to a third party from environmental influences to the soil, air and water. As a further coverage component, environmental damage insurance also protects you from damage you cause to the diversity of flora and fauna.

PROTECTION AGAINST DEFECTIVE PRODUCTS

You are always liable for damages resulting from errors caused by your product - even if it is not your fault. Product liability insurance is especially recommended for manufacturers of preliminary and intermediate products or other suppliers. Importers of goods from non-EU countries are also subject to this special liability. Protect yourself against claims for damages by those who have suffered personal injury, property damage or pecuniary loss due to your product's characteristics.

AT PANTAENIUS, GOOD ADVICE WON'T COST YOU

Property liability insurance is a professional liability insurance for companies and employees in the service sector, in particular for persons and institutions who are professionally engaged in safeguarding the financial interests of others and acting in an advisory or administrative capacity for others. With property liability insurance through Pantaenius, you can secure your own existence and protect yourself against the financial consequences of such mistakes.

From motor vehicles to food, recalls are almost everyday occurrences. In the event of imminent personal injury or property damage, your business may be confronted with considerable compensation claims. Due to its complexity, this coverage is not included in business or product liability insurance, but must be taken out separately.

PROTECTION AGAINST MANAGEMENT ERRORS

The discussion surrounding manager liability and insurance coverage has grown in importance over recent years like almost no other.  For a long time, company managers were regarded as almost inviolable.

If you make a management error as a managing director, board member or supervisory body, you will be liable without limit for any financial loss incurred - including with your total private assets. Regardless of whether you manage a mid-sized company or a non-profit organization, you are subject to an increased level of personal liability. The burden of proving that you have always acted carefully and conscientiously lies with you. To make matters worse, you are jointly and severally liable, i.e. you yourself can be held liable for mistakes made by your colleagues.

D&O insurance from Pantaenius protects you against the financial consequences of these risks. Insurance coverage takes effect if a claim is made against you for financial loss due to a breach of duty in the exercise of your activity, or if this is intended. We also offer specially developed solutions for management boards of stock corporations to secure their legally prescribed deductibles.