Corporate Management Liability Coverage
Corporate Management Liability Coverage, or often called Executive Liability Insurance, provides a policy that protects against exposures faced by directors, officers, managers, and business entities that arise from governance, finance, benefits, and management activities.
Directors and officers increasingly find themselves confronting litigious customers, regulators, employees and shareholders. Since directors and officers can be held personally responsible for their management decisions, most demand protection rather than risk their personal assets.
In an increasingly regulated and litigious business environment, corporate executives can see their assets at risk for decisions they made as the leader of a company. Brokers Trust provides access to Executive Liability Insurance that will limit the exposure to the financial risk of fines and court costs for of executive-level and corporate management roles. It is important to note that punitive damages are excluded from this policy.
Management Liability Coverage includes:
- Directors and Officers (D&O) Liability Insurance
- Employment Practices Liability (EPL) insurance
- Fiduciary Liability Insurance
- “Special Crime” insurance (covering kidnap, ransom, and extortion exposures)
Learn more about the specialized coverage we can offer and policy types for: