Management Liability Insurance

 

Management Liability

 

Management
Liability

 

What is Management Liability insurance? 

We are a long-term partner for Private Company and Not-for-Profit clients through a balanced blend of underwriting acumen, innovative thinking and service at both the underwriting and claims level.

Appetite
  • Our Executive Risks underwriting appetite is broad and covers more than 2/3 of employer firms in the United States. 
  • We have a strong preference for organizations with less than 1,000 employees. 

Download Appetite Guide

Capacity

Coverage written on primary or excess basis and offered as both admitted and surplus. 

Coverage & Benefits

 

  • Workplace Violence endorsement, attached to EPL policy 
  • Claims made policy 
  • Flexible shared and separate limit options available for all coverage parts 
  • Spousal/domestic partner extension coverage 
  • Optional discovery period up to six years 
  • Worldwide coverage 
  • Final adjudication wording for conduct exclusions 
  • Full severability for all those insured, including the organization or company 
     
contact_underwriter
Contact an Underwriter
*Required
${ resultCount }0 contacts meet your criteria (Select from options above to return the items you need)
${ document.Full_Name }
${ document.Title }
${ document.Contact_Number }
PageShowing page ${ currentPage } of ${totalPages}

Related products

Package Management Liability with the following products: Media Liability, CyberCrime, and Technology

Document finder

Looking for a document? Find it here or check out our other resources.

View resource center

*Required
Refine Search
${ resultCount }0 documents meet your criteria (Select from options above to return the items you need)
A link to "${ copiedDocument.Title }" has been copied to your clipboard
Document Share ${ column.display_name }
${ document.Title } Copy Link ${ document[column.column_mapped_to] }
PageShowing page ${ currentPage } of ${totalPages}

Claims scenarios 

Not sure what risks our product covers? We’ve brought some scenarios to life.

Private Company D&O

When a privately held company declared bankruptcy, several creditors brought a suit against the directors and officers of the company, saying they had misrepresented its financial position in order to secure lines of credit which would not be paid. The company could have been protected by a management liability  policy that includes directors and officers coverage.

Private Company D&O

When a privately held company declared bankruptcy, several creditors brought a suit against the directors and officers of the company, saying they had misrepresented its financial position in order to secure lines of credit which would not be paid. The company could have been protected by a management liability  policy that includes directors and officers coverage.

Private Company EPL

An employee made a discrimination claim against her manager, alleging that she was denied a promotion due to her gender. Employment practices liability coverage would have protected the company, including the cost to defend the manager against the claim. 

Private Company EPL

An employee made a discrimination claim against her manager, alleging that she was denied a promotion due to her gender. Employment practices liability coverage would have protected the company, including the cost to defend the manager against the claim. 

Private Company Employed Lawyers

The corporate attorney of a privately held company was alleged to have neglected to provide documentation to the Internal Revenue Service during an audit. Negligence was claimed against the attorney. Coverage for employed lawyers professional liability could have protected the attorney against the claim. 

Private Company Employed Lawyers

The corporate attorney of a privately held company was alleged to have neglected to provide documentation to the Internal Revenue Service during an audit. Negligence was claimed against the attorney. Coverage for employed lawyers professional liability could have protected the attorney against the claim. 

Not-for-Profit D&O

A not-for-profit social service agency was sued by a large benefactor. The donor alleged that his donations were being misused, and that the directors of the agency received overly generous salaries and ‘perks.’ A not-for-profit management liability policy with directors and officers coverage could have protected the agency from such a claim, including the cost to defend against the charges.

Not-for-Profit D&O

A not-for-profit social service agency was sued by a large benefactor. The donor alleged that his donations were being misused, and that the directors of the agency received overly generous salaries and ‘perks.’ A not-for-profit management liability policy with directors and officers coverage could have protected the agency from such a claim, including the cost to defend against the charges.

Not for-Profit Fiduciary

The $457b retirement plan of a foundation that supports public broadcasting declined sharply in value due to the poor performance of several investments in which the plan was heavily concentrated. Several employees who were nearing retirement sued the foundation for negligence in administering the plan. A professional liability policy with fiduciary coverage could have protected the plan by covering the defense costs as well as any settlement or judgment.

Not for-Profit Fiduciary

The $457b retirement plan of a foundation that supports public broadcasting declined sharply in value due to the poor performance of several investments in which the plan was heavily concentrated. Several employees who were nearing retirement sued the foundation for negligence in administering the plan. A professional liability policy with fiduciary coverage could have protected the plan by covering the defense costs as well as any settlement or judgment.

Risk management

We partner with leading risk management services to ensure our clients have support and guidance, in addition to exceptional coverage.

alt text

Control Risks

Since 1975, Control Risks has advised clients on the resolution of more than 2,600 cases of extortive crime in 129 countries. Responds for Workers Comp policyholder.

Learn more about Control Risks

Littler Mendelson

Littler Mendelson

LittlerHR Help is a risk management service for new and renewing Hiscox EPLI policyholders, which gives you access to a secure web site that contains a wide variety of HR resources/forms, legal information, as well as analysis. For EPL policyholder.

Learn more about Littler Mendelson.

Epiq

Epiq

Rely on Epiq to meet your precise eDiscovery needs, from the simplest data collection to the most complex document reviews.

Learn more about Epiq.

Key contacts

Patrick Mitchell
VP, Product Head – Management Liability
Anne Jarrell
VP, Claims-Executive Risks

News and insights

We have a team of experts across the industry. Read their latest advice, find useful thought leadership, and discover industry news.

Visit the Hiscox Blog

2015 Guide to Employee Lawsuits

This report exposes the states with the highest probability of employees filing lawsuits and looks at the total cost of employee charges and litigation.