Jul 11 2025 18:23
Management Liability Insurance
Why We Recommend Management Liability Insurance?
This coverage offers protection against a wide range of both traditional and emerging risks, and the package can be tailored to meet the unique needs of any business. It includes global claims coverage as a standard feature, ensuring peace of mind no matter where an issue arises. It also combines a range of different coverages into one, specifically Directors & Officers, Cyber, and Employment Practices Liability, which is why the ability to customize this policy to fit your business is a very important aspect of this policy.
We are also recommending it because of the heightened exposure under the Trump administration to penalties for employing someone without documentation. Insurers have been observing an increased scrutiny over I-9 forms and H-1B visas. With federal and state laws around immigration changing frequently, this policy is especially important for sectors like restaurants, hotels, and agriculture—industries known for having an increased risk. This coverage helps lower businesses exposures to costly employment-related risks, including potential fines ranging from $700 to $6,000 per unauthorized worker. This insurance will not pay those fines for you, but it can help lower the risk of incurring those types of fines.
What Types of Business We Can Write this for?
- Manufacturing & Distribution
- Aside from Ammunitions and Firearms
- Technology
- $50M or below in funding, Seed or up to and including Series C funding
- US companies w/ foreign exposure
- Utilities
- Architects & Engineers
- Construction
- E-commerce
- Nonprofit Organizations
- Vocational Educational Institutions
- Small Retail
- Medical Products
- $50M or below in funding, Seed or up to and including Series C funding
- Small Media Entities
- Early-stage Biotech
- $50M or below in funding, Seed or up to and including Series C funding
- HOAs/Community Associations
- Social Services
- Misc. Professional Services
- Aside from surveyors, legal and accountants
- Logistics
- Religious Entities
What Limits Can We Offer?
- Target $3m in limits for primary new business
- Target revenue threshold for primary new business at $50m or below
- Maximum revenue threshold $250m or below
- Target employee threshold for primary new business at 150 or below (if purchasing EPL)
- Immigration Investigation Costs at $100k sub-limit with a $5k deductible for no additional premium
What Types of Coverages are in this Policy?
- Directors’ and officers’ liability
- Employment practices liability
- Fiduciary liability
- Cyber and privacy cover
- Crime
- Comprehensive kidnap and ransom
- Court attendance costs
- Reputation and brand protection
