Management Liability Insurance
Protect Your Business with Management Liability Insurance
In the 1850s when we launched Gilbert’s Risk Solutions, a person’s word was generally his or her bond. In today’s complex world, it’s vital to be insulated not just from physical exposures but also from the minefield of legal exposures that could wreak havoc with your business – particularly for your leadership team.
Management Liability Insurance is also called Executive Liability Insurance because it protects managerial, financial, executive, and board-level exposures. We work with more than 100 of the nation’s premier insurance companies, enabling us to find and tailor the right coverage for your unique needs.
While we’re proud to call Pennsylvania our home, we’ve helped businesses all across the country manage their risk, and we look forward to helping you too, no matter where you call home.
Types of Executive Liability Coverage
- Directors & Officers Liability (D&O): Protects your leadership team’s personal assets against claims arising from their decisions as directors or officers.
- Employment Practices Liability (EPLI): Covers claims related to workplace issues like discrimination, harassment, or wrongful termination.
- Fiduciary Liability: Protects those who manage employee benefit plans against claims of mismanagement or breach of fiduciary duty.
- Kidnap, Ransom & Extortion: Provides protection against threats targeting your executives or organization.
Who Needs Management Liability Insurance
Any organization with a board, leadership team, or HR function faces management liability exposure – this includes corporations, nonprofits, and private companies of nearly any size.
- Corporations
- Nonprofits
- Private companies with boards or management teams
- Any employer with HR exposure
Other Liability Insurance Options:
- Commercial General Liability (CGL)
- Errors & Omissions (E&O) – also called Professional Liability
- Contractual Liability
- Excess Insurance
- Umbrella Insurance
- Liquor Liability
- Pollution Liability
Our RISK SHIELD® Process
Gilbert’s Risk Solutions takes a consultative, risk management approach to your business. Our proprietary RISK SHIELD® Process identifies the extent of your organization’s exposures and puts a loss control plan in place to mitigate them. Often the solution is an insurance product, but frequently it’s a recommendation for a business process or security measure that reduces an exposure.
CONSULT
DESIGN
BUILDING
MAINTAIN
Our Goal Is to Be Your Outsourced Risk Management Partner
A single lawsuit against a director, officer, or HR decision can threaten your organization’s operations, productivity, and bottom line — regardless of company size. Gilbert’s Risk Solutions helps you identify these leadership-level exposures and build the right protection before a claim ever happens.
Tailored Solutions
For many businesses, a Management Liability package coupled with Commercial General Liability offers good protection, but other coverages may be advisable depending on your industry – hospitality, construction, and manufacturing firms, for example, might benefit from Pollution Liability. As part of our risk assessment, we’ll advise you of any industry-specific exposures that warrant supplemental coverage.
360 Degree Approach
We take a 360-degree view of your business to ensure all aspects are secure. Our team of experts in Loss Control, Employee Benefits, HR, and Surety Bonds are all available to our commercial clients, ensuring multi-pronged risk mitigation.
Management Liability Insurance FAQs
D&O insurance protects directors' and officers' personal assets from claims related to decisions made in their management role, including lawsuits from shareholders, employees, or regulators.
Yes, even small businesses with a board or management team face exposure to employment-related claims, and EPLI coverage in particular is relevant regardless of company size.
Employment Practices Liability (EPL) insurance covers claims like discrimination, harassment, and wrongful termination. Any business with employees can benefit from this coverage.
No, management liability covers claims related to management decisions and organizational governance, while professional liability (E&O) covers claims arising from mistakes in the professional services you provide.
