Directors & Officers

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Operating a business in today’s environment is challenging enough without having to worry about coverage for your client’s Directors and Officers. Litigation against a company’s management doesn’t just affect large, public companies; it also affects small private companies.

For Profit Directors and Officers:

Our Products
  • Directors, Officers and Organization Liability Insurance
  • Employment Practices Liability Insurance
  • Fiduciary Liability Insurance
  • Crime Insurance
Offerings
  • Duty to Defend
  • Non-Rescindable & Non-Cancellable policies
  • Most favorable venue punitive damage coverage
  • Limited definition of “Application” (36 months)
  • Retention waiver for early settled claims
  • EPLI includes third party coverage and additional $1 million of defense cost coverage*
  • HIPPA fines and penalties coverage (by endorsement)
  • Defense in addition to limit of liability in many cases (fiduciary only)
  • Fiduciary includes Voluntary Compliance and Delinquent Filer Penalties coverage

*When at least a $1M limit is purchased and financial standing is proven.

Additional Facts
  • Up to $5M in Limits
  • No Minimum Premium
  • A++ (Superior) rating by A.M. Best
  • Private companies with annual revenues less than $25M and fewer than 500 employees are typical clients
  • Financial Institutions are not eligible

Not-for-profit organizations face an ever-increasing number of exposures. Entities and their board members are at risk of lawsuits from regulatory proceedings, whistleblowers actions, and civil suits alleging organizational mismanagement, misuse of assets, fraud, donor disputes, employment practices liability and employee benefit disputes.

Not for Profit Directors and Officers:

Limits Available
Directors & Officers and Employment Practices
  • $5,000,000 primary coverage
  • $5,000,000 excess layer
Business Owners Package for office exposure
  • General Liability – $1,000,000/$2,000,000 limits available
  • Business Personal Property – $300,000
Common Classes

Social Service/Welfare Organizations, Charities, Professional/Trade Associations, Foundations, Religious Organizations, Private Schools, Healthcare Related Institutions, Chambers of Commerce, Membership Organizations, Civic Organizations, Assisted Living Facilities, Youth & Rec Sports Associations, Booster Clubs, Day Care Centers, Historical Societies, Low Income Housing, Humane Societies, Libraries

Submission Requirements:

  • Completed application
  • 3-5 years of currently valued loss runs if available
  • Target Premium