Management Liability

Your management decisions can lead to potential law suits. There are a variety of management liability insurance products that you should consider when evaluating your corporation’s or your non profit’s insurance program. Management liability will cover defense expenses and monetary damages that can arise as a result of a claim.

Directors and Officers:  For profit D & O and Non Profit D & O are critical components for your organization. As board members, you can be sued individually for your management decisions.

Coverages are available for:

  1. For Profit Directors and Officers
  2. Non Profit Directors and Officers

Potential Claims Scenarios:

  1. Misappropriation of Funds
  2. Breach of Contract
  3. Personal Injury

Employers Practices Liability:

Employment practices liability, sometime  referred to as EPL, is a critical coverage for organizations of all sizes.

  • Discrimination
  • Retaliation
  • Sexual Harassment
  • Wrongful Termination
  • Wrongful Employment Practices

 

Fiduciary Liability: Fiduciary Liability is a critical component of your management liability insurance program.  With the implementation of the affordable care act, employee health insurance benefits programs have been in the spotlight. Fiduciary Liability will protect you in your management capacity for a breach of duty when managing an employee benefits program

What is an Employee Benefits Program:

  1. Group Health Insurance Plan
  2. Voluntary Benefits Program
  3. Pension Plan or other Welfare Plans
  4. 401k or other qualified retirement program

 

Request a Quote