Executive Risk lines of coverage can include Directors & Officers Liability, Employment Practices Liability, and Fiduciary Liability. Additional products include Crime, Employed Lawyers, Cyber, and Transactional Risk.

Directors and Officers liability is intended to protect your executives from personal financial losses due to claims of allegations of mismanagement in their management duties. Your organization should consider this coverage if you have a board of directors, executives, or top-level management to protect their assets and reduce legal risks.

Employment Practices Liability addresses employment-related torts like discrimination, harassment, wrongful termination, and more.

Fiduciary Liability is designed to cover decision making related to employee benefits programs, like a 401k or health insurance.

Executive Risk coverages benefit your organization by providing a financial safety net to manage litigation and help keep your company’s reputation intact. Companies need to be able to execute difficult decisions and make retaining top talent a priority while managing financial challenges. Insurance helps provide peace of mind for the leadership team.

Industry, size, loss history, financial condition, and company direction are all factors that influence the pricing and availability of terms with Executive Risk products. Coverage quality can vary widely by carrier or policy, so it’s important to work with a knowledgeable and experienced team.