AXWAY_REGISTRATION_DOCUMENT_2017
AXWAY GROUP AND ITS BUSINESS ACTIVITIES Risk factors
CORPORATE RESPONSIBILITY
CORPORATE GOVERNANCE
CONSOLIDATED FINANCIAL STATEMENTS
2017 ANNUAL FINANCIAL STATEMENTS
CAPITAL AND AXWAY SOFTWARE STOCK
INFORMATIONS ADMINISTRATIVES ETbJURIDIQUES
COMBINED GENERAL MEETING OFb6bJUNEb2018
4) Senior executives’ professional indemnity insurance
6) Assistance On behalf of those of its employees, company officers, senior executives and directors who are often required to travel in the course of their work, the Group has taken out an insurance policy offering coverage in the event of accidents or illness occurring during work-related travel. 7) Claims history and Group insurance programs In the last three years, no major claim has been reported by any of the Group’s entities under the policies described above (or others covering the Group in the past). Subject to the indications included in this section, as a general rule the Group’s claim history is very low, which has meant that it has been able to benefit from relatively low premiums and favorable conditions for coverage.
The Group’s senior executives are covered by a specific liability insurance policy, taken out by the Group, whose purpose is mainly to provide protection for company officers against the financial consequences of claims brought against them that may be attributed to any act of professional negligence committed during their term in office and to cover civil and criminal legal defense costs.
5) Property damage and business interruption insurance
The Group has a “Property damage/Business interruption” insurance policy, the purpose of which is to cover the property (sites, equipment, terminals,Ǿetc.) of the various entities of the Axway Group against any risks of loss or damage (resulting, for example, from fires or natural catastrophes) and losses from any business interruption experienced by the Group.
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AXWAY - 2017 REGISTRATION DOCUMENT
www.axway.com
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