Management Liability
Management liability insurance, which can include Directors & Officers, Employment Practices, Fiduciary, Cyber and Crime, is designed to protect a company, its directors, officers and management from wrongful acts and legal risks that can arise while managing the business.
Management Liability Exposures Can Be Complex
Berkley’s experienced team of professionals can provide customized products recognizing that each business has unique risks. We understand the pressures of managing businesses of all sizes, where failure to comply with various obligations could result in lawsuits and financial harm to your business.
Check out our Berkley Locator to discover which Berkley insurance business may be right for your Management Liability insurance needs.
How Management Liability Coverage Can Protect Your Business
Business of all sizes, whether public, private, or not-for-profit, can face financial losses from wrongful actions by their officers, directors, and their management team. We offer a variety of customized insurance solutions for companies to protect against workplace incidents, employee theft, poor oversight of employee benefits plans, wrongful termination, discrimination, and sexual harassment claims.
Management Liability Coverages typically available:
- Directors & Officers (D&O) – can protect the assets of an organization and its directors and officers from mistakes or wrongful acts in managing the business, including breach of fiduciary duty, misuse of corporate funds and financial misrepresentations.
- Fiduciary Liability - can protect businesses from claims of fraud, dishonesty and mismanagement arising out of their role as a fiduciary for company sponsored employment plans such as retirement and health plans.
- Cyber - can protect against costs associated with a cyber event or a security breach, including forensic investigations, legal and regulatory expenses, and fines.
- Crime - can protect against losses resulting from theft, property destruction, forgery or alteration, embezzlement committed by employees or third parties.
- Employment Practices Liability (EPL) - can protect against employee-related claims such as discrimination, harassment, wrongful termination, and breach of contract.
- General Partnership Liability – can protect general partners from lawsuits amongst themselves alleging a breach of duty, neglect, or wrongful acts.
- Initial Public Offering Liability – can protect businesses against claims arising from negotiation, discussions and decisions made during an initial public offering.
Find your Berkley solution
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Products We Offer
General Liability
General Liability insurance can protect your business operations from property damage, bodily injury and personal injury claims.
Workers Compensation
Industry-leading workers compensation programs for loss mitigation, including in-house case management, telemedicine, rehabilitation, and much more.
Key Products
- Accident & Health Accident & Health
- Commercial Auto & Trucking Commercial Auto & Trucking
- Commercial Package and Business Owners Policy Commercial Package and Business Owners Policy
- Crime and Fidelity Crime and Fidelity
- Cyber Cyber
- Equine & Cattle Equine & Cattle
- Excess & Surplus Excess & Surplus
- Farm Owners Farm Owners
- General Liability General Liability
- High Value Personal Lines High Value Personal Lines
- Inland Marine & Builder's Risk Inland Marine & Builder's Risk
- Management Liability (D&O, EPL, Fiduciary, Crime) Management Liability (D&O, EPL, Fiduciary, Crime)
- Ocean Marine Ocean Marine
- Products Liability Products Liability
- Products Recall & Contaminated Products Products Recall & Contaminated Products
- Professional Liability (E&O) Professional Liability (E&O)
- Professional Liability (E&O) - Medical Professional Liability (E&O) - Medical
- Property Property
- Reinsurance Reinsurance
- Surety Surety
- Umbrella & Excess Liability Umbrella & Excess Liability
- Workers Compensation Workers Compensation
Industries We Serve
Construction
Insurance solutions for commercial builders, contractors, real estate owners and developers, including tailored programs and services to help reduce costs.
Manufacturing
Deep expertise to help address the insurance needs of manufacturers with a full range of coverages and risk management programs.