Property & Casualty — Commercial
Executive Risk Insurance
Protect the people making the decisions that drive your business.
Executive risk insurance is a suite of specialized coverages designed to protect company leaders, board members, and the organization itself from claims arising out of management decisions and responsibilities. Also known as management liability, these policies cover exposures that general liability and property policies leave entirely unaddressed — from shareholder lawsuits to regulatory investigations.
What's Covered
- Directors & Officers (D&O) — claims against leaders for wrongful acts in their management capacity
- Employment Practices Liability (EPL) — discrimination, harassment, wrongful termination claims
- Fiduciary Liability — breach of duty claims related to employee benefit plan management
- Crime / Fidelity — employee theft, fraud, and social engineering losses
- Kidnap & Ransom — protection for executives traveling domestically and internationally
- Entity coverage extensions protecting the company alongside its leaders
Why It Matters
Management decisions are scrutinized by employees, regulators, investors, and competitors. Even well-intentioned decisions can generate costly litigation. D&O claims alone average well over $1 million in defense and settlement costs. Executive risk coverage protects your leadership team personally and your organization financially — so difficult decisions can be made without personal financial ruin as a consequence.
Common Questions
Does my general liability policy cover management decisions?
No. General liability covers bodily injury and property damage claims — not claims arising from how a company is managed. D&O, EPL, and fiduciary liability are entirely separate coverages that GL does not provide.
Do private companies need D&O insurance?
Absolutely. Private companies face D&O claims from minority shareholders, creditors, employees, customers, and competitors. M&A transactions in particular create significant D&O exposure for private company boards.
What does 'Side A' coverage mean in D&O?
Side A covers individual directors and officers when the company cannot or will not indemnify them — often in bankruptcy situations. It's considered critical protection for executives who want their personal assets shielded regardless of company financial status.
Ready to get covered?
Talk to one of our advisors about the right policy for your situation. No pressure, no jargon — just honest guidance.