Management Liability

What does management liability insurance cover?

Management liability is an umbrella term for coverages protecting a company and its leaders from claims arising out of business decisions and governance. It typically includes Directors and Officers (D&O) liability, which covers claims against board members and executives for alleged wrongful acts; Employment Practices Liability (EPL), which covers claims from employees for wrongful termination, harassment, and discrimination; and Fiduciary Liability, which covers claims related to mismanagement of employee benefit plans. Private companies, nonprofits, and any organization with a board or employees have exposure here.

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What does management liability insurance cover?

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