Management Liability
What is it?
Management Liability Insurance provides comprehensive coverage to protect company directors, officers, and management personnel from a wide range of legal claims stemming from their decisions and actions. It combines several coverages, including Directors & Officers (D&O) and Employment Practices Liability (EPLI), into a single policy.
Why is it important?
In today's litigious business environment, management decisions and actions can be subject to legal scrutiny. Management Liability Insurance is essential to safeguard leaders against personal financial exposure resulting from claims related to alleged mismanagement, employment practices, and other managerial decisions.
What does it cover?
Directors & Officers (D&O) Coverage
Protects company leaders from claims alleging mismanagement, breach of fiduciary duty, negligence, or other errors in decision-making.
Employment Practices Liability (EPLI) Coverage
Guards against claims of workplace discrimination, harassment, or wrongful termination by executives and employees.
Why Frontier Risk?
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Common Questions
Yes, Management Liability insurance can provide coverage for claims alleging financial mismanagement by company leaders, directors, and officers.
Absolutely, Management Liability insurance can be tailored to address industry-specific risks and challenges faced by management teams.
Yes, Management Liability insurance can include coverage for claims brought by shareholders, especially in cases of alleged mismanagement.