Management Liability

Coverage Highlights:

• Liability coverage parts offered on both a shared and separate limit basis
• Derivative demand coverage
• Third party employment practices liability
• Fiduciary settlor liability – defense costs coverage Broad definition of claim

Optional Coverage Features:

• Wage and hour sublimit
• Violation of employee privacy liability
• Workplace violence expenses coverage
• Immigration investigative defense costs sublimit
• Dedicated defense costs for liability coverages (not available in NY)
• Non-rescindable insuring agreements

Appetite:

• Broad class of business appetite for privately held companies, can consider most risks.
• Target classes would be manufacturing, distribution, construction, IT, software (Non CA). However, since our appetite is broad we can consider most risks!
  • Classes we stay away from are similar to these markets: crypto, firearms, marijuana, adult entertainment, etc.
• Non-profit organization appetite includes social services, foundations, museums/zoos/historical societies, trade/ professional organizations, libraries & performing arts

Key Points:

• Wholesale only distribution
• Minimum premium is $2,000 for just D&O. We can always work with our partners outside of that.
• Standalone EPL Coverage offered
• Paper utilized – Twin City Fire Insurance Co.* (AM Best Rating A+)
  *all states except AK, LA, NY, & VT (written on P&C Ins. Co. of Hartford paper)
• Specialized focus on privately owned Management Liability coverage.Maximum capacity: $5,000,000