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Employment law protection for managing directors and board membersEmployment contract legal protection insurance

Managing directors, board members and other board members not only bear strategic and economic responsibility – they are also exposed to increased legal risk. Disputes arising from the employment contract do not fall within the jurisdiction of the labour courts, but are dealt with by civil courts.

Financial security in the event of conflicts with the employer

Traditional employment law insurance does not usually cover these cases, or only inadequately. Employment contract legal protection insurance offers targeted security here: It covers the personal legal interests of board members in connection with their employment relationship and covers the costs of disputes with the company.

MRH Trowe develops customised insurance solutions tailored to your position, risk profile and industry-specific requirements – for maximum legal and financial security.

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Insured risks & hazards

The cover includes a large number of unforeseen risks, including:

  • Dismissal in connection with the employment relationship – for example in the event of disagreements or strategic decisions
  • Disputes during contract negotiations, amendments or extensions to the employment contract
  • Assertion and enforcement of royalty claims
Scope of cover & extensions
  • Assumption of legal fees – also in out-of-court proceedings
  • Coverage of court costs in civil law disputes
  • Assumption of costs of necessary expert opinions and expert examinations
  • Legal review of written cancellation agreements
Insured Persons
  • The policyholder in his or her function as an executive body of the company

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