- Banks and credit unions
- Community associations
- Contractors
- Entertainment
- Financial institutions
- Healthcare
- Hospitality
- Industrial
- Investment managers
- Life Sciences
- Manufacturing
- Media
- Nonprofit organizations
- Private companies
- Private equity firms
- Public entity and officials
- Publicly traded companies
- Retail
- Social services
- Technology
- Utility companies
Wholesale Management Liability Insurance
Your management and professional clients require comprehensive solutions that keep pace with ever-changing risks. Our specialists can help you develop a program that may help protect your clients from employment-related claims, employee crime, fiduciary breaches, tenant discrimination, kidnap and ransom, and more. We will identify their unique exposures and navigate this complex market for you to secure the best coverage and price.
Industries served
Capabilities
- Crime
- Cyber liability
- Directors & officers
- Employment practices liability
- Fiduciary
- Kidnap & ransom
FAQs – Management liability
What is management liability insurance?
Management liability insurance is a suite of insurance products designed to protect organizations and its shareholders, officers, directors, and other executives or employees against alleged mismanagement.
Who needs management liability insurance?
Most organizations can benefit from many of the products available in a management liability insurance program, including but not limited to organizations in the following industries: construction, healthcare, technology, transportation, environmental, entertainment, financial services, hospitality, manufacturing, and many more.
What types of claims does management liability insurance cover?
The coverages included in a management liability insurance program cover a wide array of alleged wrongful acts including employment related wrongful acts, breach of contract, misrepresentation, breach of fiduciary duty, and shareholder negligence, to name a few. Contact your Novatae broker if you would like to discuss claims examples.
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Fun Fact: The top five large corporations sued for sexual harassment in recent years include Google, 21st Century Fox/News, Ford Motor, Kroger/Ralphs Grocery, and McDonald’s.(1)
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