Learning outcomes of the curricular unit

The purpose of this seminar is to allow the students to develop: 
a) Instrumental skills: knowledge of the specific language pertaining to D&O Insurance policies, decisionmaking ability and problem solving ability. 
b) Interpersonal skills: critical judgment, ability to interact with D&O Insurance professionals, ability to work as part of multidisciplinary teams.
 c) Systemic skills: ability to conduct research, ability to adapt to new situations and ability to work independently. 

More specifically, students are expected to: 
a) Assess the importance of this type of insurance in the business management framework; 
b) learn the typical coverage and exclusions; 
c) understand the specific language used in insurance policies; 
d) be able to critically analyse the substance of a D&O Insurance policy; 
e) be capable of interacting with professionals specialized in this type of insurance.

Syllabus

1. D&O insurance and the directors' protection culture at USA and Europe
2. Directors' liability risks and the need of the D&O Insurance
3. Claims made clauses and the unprotected directors insured by the D&O Insurance
4. The protections the corporation through D&O Insurance
5. The protection of the members of the fiscal bodies through Supervisory Board's liability Insurance