A company’s obligations to its directors and officers with respect to the purchase and maintenance of D&O insurance is a topic of ongoing interest and concern for the individuals involved. In the renowned Blog of the US-American D&O expert Kevin M. LaCroix, Burkhard Fassbach (HENDRICKS & CO.) and Thilo Fleck (Berner Fleck Wettich) take a look at this topic with a particular focus on the issues involving German board members and managing directors.