Business meeting

Management liability

Your wholesale partner

Management liability solutions for the wholesale market

Our Ironshore management liability solutions for the wholesale market can help protect directors, officers, elected officials, and business entities against lawsuits that arise from management, finance, benefits, and governance activities.

  • Directors and officers liability

    Directors and officers of organizations, whether public, private, or not-for-profit, are facing higher scrutiny than ever before because of exposures such as economic volatility, bankruptcies, employee layoffs, and more.

    Across various company structures and industries, our directors and officers (D&O) solutions from Ironshore can help protect a business and its leaders against costly lawsuits related to issues such as:

    • Breach of fiduciary duty
    • Libel, slander, or defamation
    • Noncompliance with regulation or laws
    • Reporting errors or misrepresentation

    Coverage highlights:

    • Private and not-for-profit: capacity up to $25M on primary and excess basis
    • Public companies: capacity up to $25M on excess basis
    • Full entity coverage
    • A single retention for related wrongful acts
    • No panel counsel requirement
    • No hammer clause
    • Side A with difference-in-conditions (DIC) enhancements for public and private organizations
  • Employment practices liability

    Personnel activities, such as interviews, performance reviews, promotions, and even dismissals, are all regular aspects of running a business, but they can also create exposures when current, past, or potential employees allege discrimination or other wrongful employment practices.

    Our employment practices liability insurance (EPLI) solutions from Ironshore can help protect public, private, and not-for-profit companies against claims made by employees alleging wrongful termination, discrimination, sexual harassment, retaliation, and other employment-related issues.

    Coverage highlights:  

    • Capacity up to $25M on primary and excess basis
    • Full entity coverage
    • Coverage for more than 20 enumerated employment practices acts
    • No hammer clause
    • Single retention for related employment wrongful acts
    • No panel counsel requirement
    • Optional duty to defend
    • Coverage for mental anguish and emotional distress
  • Fidelity and crime

    Across industries and entity types, from financial institutions to manufacturing, from public to private, and from government to not-for-profit, businesses are increasingly at risk for criminal schemes. Our fidelity and crime insurance solutions from Ironshore help protect organizations from losses because of criminal activity by people inside or outside the organization, including:

    • Employee theft (first-party coverage, third-party crime, ERISA-employee benefit plans)
    • Forgery or alternation
    • Inside the premises — theft of money/securities and robbery/safe burglary of other property
    • Computer fraud
    • Money orders and counterfeit money

    Coverage highlights:

    • Capacity up to $35M on a primary or excess basis
    • Ability to coordinate coverage with other property and casualty and management and professional liability products
    • Worldwide capabilities
  • Fiduciary liability

    Fiduciaries of employee benefit plans carry great responsibility for holding employee funds as well as their trust. Our employee benefit plan fiduciary liability insurance solution from Ironshore helps safeguard directors, officers, and other fiduciaries as well as employee benefit plans against risks related to the Employee Retirement Income Security Act (ERISA).

    Coverage highlights:  

    • Capacity up to $25M on primary and excess basis
    • Coverage for the sponsor organization, its subsidiaries, employees, fiduciaries, and its covered plans
    • Coverage for various acts in the administration of covered plans
    • Protection for the sponsor organization’s pension and welfare benefit plans
    • Punitive damages coverage
    • Endorsements for:
      • Health Insurance Portability and Accountability Act (HIPAA) coverage
      • Investment loss coverage
      • Voluntary compliance loss coverage
  • Public officials liability

    Public officials make many professional decisions as they serve their communities, any of which could result in a lawsuit alleging a poor choice or breach of duty. Our public officials liability solution from Ironshore can help protect public officials and the agencies, commissions, and authorities they serve against allegations of wrongful acts.

    Coverage highlights:

    • Capacity up to $25M on a primary or excess basis
    • Defense costs for nonmonetary relief
    • Coverage of defense against land use dispute claims
    • Crisis management coverage
    • Coverage for volunteers
    • Employment practice liability coverage (included, with optional endorsements for law enforcement and fire departments)
  • School leaders liability

    As administrators, trustees, and board members manage the shifting educational environment, they also face risks due to issues such as disciplinary action, failure to educate, noncompliance with state and federal regulations, and more. Our school leaders liability solutions from Ironshore help protect school leaders as well as the teachers, substitutes, and assistants under their direction against claims of wrongful acts.

    Coverage highlights:

    • Capacity up to $25M on a primary or excess basis
    • Duty to defend form
    • Employment practices liability coverage with third party included
    • Definition of employee includes independent contractors
    • Broad definition of wrongful act, including coverage for failure to educate
    • Endorsements for:
      • Crisis management coverage
      • Crisis management services
      • Desegregation claim defense
      • Educational entity with healthcare operations
      • Individualized Education Plan (IEP) due process hearing claim coverage

Our claims response

Our claims professionals work closely with the underwriters who develop our insurance programs, so they have a deep understanding of our customers’ operations and their potential management liability exposures.  When you work with us, you’ll benefit from a dedicated team with in-depth experience investigating, evaluating, and resolving claims.

Add ongoing training, highly experienced senior claims leaders, and a culture that promotes proactive decision making and you get professionals who are empowered to resolve claims quickly and with each customer’s best interests in mind.

Get in touch

Want to know more about what we can do for you? Contact a member of our wholesale team today.

Ben Jones

Underwriting Manager

This website is intended to be informational and is solely for the use of properly licensed insurance professionals.  Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation.  The products and services described may not be available in all states or jurisdictions.  See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals.

Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and insureds are therefore not protected by such funds. Coverage may only be obtained through duly licensed surplus lines brokers.