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      BBVA Directors and Officers Liability Insurance

      Deal with lawsuits and protect your assets.

      If you are a manager and if you are a senior officer.
      • Protects the personal assets of managers against claims. 
      • Offers coverage in the event of fines and administrative sanctions.
      • It covers legal representation expenses. 
      Apply

      What does this insurance cover?

      • BBVA's Directors and Officers Liability Insurance covers the following:

        • Expenses arising from legal representation and defense, image crisis management, and extradition.
        • Claims involving pollution.
        • Compensation for financial harm to third parties.
        • Reimbursement of expenses to defend against improper labor practices.
        • Civil and criminal bonds, insolvency guarantees, subsidiary tax liabilities, corporate civil liability and/or data protection liability.

        See more details on the coverage

      What are the requirements?

      • To take out this insurance, you will have to meet the following requirements:

        • Your company's turnover can't exceed 100 million euros. Excluded are insurance and/or financial companies regulated by the relevant agencies.
        • You can purchase this insurance if your company is a stock, sport, state-run or limited company, a cooperative, an economic interest grouping, foundation and/or association.
        • The insurance policy subscription is subject to authorization of the underwriter.

      Request BBVA Directors and Officers Public Liability Insurance

      Apply

      Would you like more information?

      The payment is annual.

      The policy is annual and renewable. It is renewed automatically every year on the same date and it can only be cancelled with one month's notice before the policy expires.

      Those made by:

      • Government agencies and companies: violation of rules and regulations.
      • Creditors and suppliers: nonpayment, breach of trade agreements, etc.
      • Competitors: unfair competition, industrial espionage, etc.
      • Employees: dismissals, breach of contract, harassment, etc.

      You can calculate the premium depending on your company's activity and the limit purchased. The insurer can take into account claims made prior to the insurance purchase date to set the price of the premium or even to decide whether to offer or decline the policy. 

      This D&O insurance takes into account the date on which an event is reported, even if it occurred prior to the start of the policy, as long as the policyholder had no knowledge of the event. It takes into account claims filed during the policy period anywhere in the world, except in the United States and Canada. Coverage may be extended to the USA and Canada under request to Hiscox.

       

      They range from 600,000 euros to 3 million euros. You can choose the insured capital depending on your company's turnover.

      Hiscox S.A., sucursal en España with Tax ID W0185688I, with registered office on Paseo de la Castellana 60, 7ª planta Madrid 28046, entered in the State Register of Insurers of the Directorate General of Insurance and Pension Funds (DGSFP) under number E231.

      Hiscox S.A. is an insurance company with registered office at 35F Avenue John F. Kennedy L-1855, Luxembourg. Hiscox, S.A. is subject to oversight by the Comissariat aux Assurances de Luxembourg (CAA) and the DGSFP in Spain.

      BBVA Mediación, Operador de Banca Seguros Vinculados, S.A., company listed in the Special Administrative Register of Insurance Brokers of the General Directorate of Insurance and Pension Funds, with number OV-0060. Civil Liability Insurance arranged and financial guarantee established.

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        • Protect your business against computer attacks.
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        • Compensation if data is lost or stolen.
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      Be a BBVA customer.

      • At BBVA, we offer a wide range of insurance products for protecting both you and your business.
      • We are leaders in digital innovation working to make your life that bit easier.
      • We believe in doing things a transparent, clear and responsible way.

      Discover BBVA One View

      Add and manage all your business bank accounts in one place.

      Manage all your accounts, make better decisions, and save time for your business.
      More information
      Request Public Liability Insurance
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      Offer valid during current month
      1. Insurance
      2. Directors and Executives' Public Liability Insurance

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