Directors and Officers Insurance Center
Our insurance agency offers directors and officers (D&O) insurance and other management liability insurance coverages, including employment pratices liability (EPL), fiduciary liability, fidelity bonds, kidnap and ransom, and cyber risk insurance to private and public organizations in multiple states. We can help if your policy has been non-renewed due to claim activity, if you're having trouble finding coverage, or if you're looking for a lower premium. We have access to multiple insurance companies and can provide coverage to organizations of any size in any industry.
To request quotes, please complete an application and send it to us. Do not hesitate to call us at 1-877-245-5887 if you have any questions about the application process or the coverages we offer.
We operate in the following states: Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, Wyoming.
What is management liability insurance?
Management liability insurance, also called executive liability insurance, is a set of coverages that provide protection to directors, officers, managers, and organizations against claims related to the governance, management, and administration of an organization. The two most commonly purchased coverages are D&O and EPL insurance. The various coverages can be purchased on a stand-alone basis or as a package.
D&O insurance provides liability protection to the directors and officers of an organization, and to the organization itself, against lawsuits alleging that wrongful acts were committed by the directors or officers in the course of the performance of their duties.
EPL insurance provides liability protection against claims made in connection with employment-related issues.
Fiduciary liability insurance provides protection in connection with the administration and the fiduciary duty owed to employee benefit plans.
Crime insurance is designed to provide protection to organizations against criminal acts committed by their employees and third parties.
Kidnap and ransom provides protection to an organization if an employee becomes a victim of kidnap or extortion.
Cyber risk insurance provides protection to organizations in connection with losses caused by cyber attacks and data breaches.
What is claims made coverage?
Management liability insurance policies are usually written on a claims made basis. This means that the policy in force when a claim is reported to the insurance company is responsible for that claim. However, the claim must be based on a wrongful act which took place after a date called the retroactive or prior acts date, which is usually the inception date of the first policy. This means that an organization must have continuous coverage between the wrongful act and the claim reporting in order for the policy to cover the claim.