What is Management Liability insurance?
Management Liability Insurance protects companies and their executives, including directors, officers and managers, from the challenges of doing business in today’s complex marketplace. Increased regulatory scrutiny as well as current and emerging risks can leave business leaders and their companies vulnerable to lawsuits.
Management Liability Insurance provides a variety of coverages not usually addressed by a traditional commercial general liability policy. Management Liability, including D&O liability, employment practices liability (EPLI), fiduciary liability, crime, and kidnap and ransom, is designed to help public, private and nonprofit companies address the various legal risks that can arise from day-to-day management activities. This coverage gives leaders peace of mind and enables businesses to focus on building sustainable growth.