Directors and Officers

Covering claims resulting from managerial decisions that have adverse financial consequences.

Businesses need to protect themselves from claims brought by employees for discrimination, wrongful termination, sexual harassment and other types of employment related issues. Employment Practices Liability (EPL) policies cover management, directors and officers and employees of an organization for claims arising from alleged inappropriate workplace conduct. Small and large businesses and organizations are vulnerable to employment related lawsuits, especially those that do not have written polices or an employee handbook. Litigation can disrupt production, damage reputations and possibly destroy businesses financially. We have carriers who write coverage and provide risk management tools to any type or size of entity to protect against employment related claims.

Target Classes

Not-for-profit organizations

  • Target all types of entities, both large and small, including healthcare, educators, public officials and “program business”
  • Limits: $20,000,000 Primary and Excess

Public officials/public entities

  • Specialize in “tough to place” business that requires creative underwriting and expertise
  • No class restrictions; however, Banks and For-Profit Colleges/Universities are written on an excess-only basis
  • Limits: $10,000,000 Primary
  • Limits: $20,000,000 Excess

Privately-held corporations

  • All market caps including many of the “Fortune 1000’s”
  • Our Portfolio has a wide assortment of risks and includes “tough-to-place” accounts and those needing additional capacity
  • Mainly an Excess Player
  • Limits: $20,000,000 Excess

Publicly-traded corporations

  • Monoline Employment Practices Liability
  • Monoline Fiduciary Liability
  • Lead and Excess Side A DIC

Disclaimer: All classes and lines of coverage may not be available in all states. For current availability, please contact a Couch Braunsdorf Specialist.

Submission Requirements

  • ACORD form
  • Supplemental application will vary by risk
  • 3-5 year loss runs
Coverage
  • Professional Liability
  • Management Liability
  • Excess/Umbrella – Professional Liability/General Liability Exposures
  • Monoline Sexual Abuse
  • Stand Alone Extended Reporting Period
  • Directors and Officers
  • Employment Practices Liability
  • Fiduciary
  • Crime
  • Kidnap and Ransom
  • Intellectual Property
Highlights
  • Brokerage, binding and program capability
  • A.M. Best “A-” or better markets
  • Admitted and non-admitted carriers
  • Available nationwide
  • Monoline and package available
  • Stand alone extended reporting period