Our management liability policy covers the range of traditional and emerging risks faced at board-level, from directors and officers cover and benefit plan liability to kidnap and ransom and cyber liability, with a lot more in between. Backed by expert underwriters and an in-house claims team that truly understands this field, this insurance package can be tailored to your company’s specific needs and covers claims made anywhere in the world as standard. Features include:
DIRECTORS AND OFFICERS COVER
Our policy offers comprehensive directors and officers cover, including cover for directors sitting on the board of an outside entity, as well as an additional limit available for non-executive directors. This includes the payment of costs incurred by an investigation in relation to a claim brought against you.
BENEFIT PLAN LIABILITY
We cover a wide range of costs involved with benefit disputes including investigation costs, pension overpayments, and exoneration costs.
CYBER AND PRIVACY COVER
Our cyber and privacy cover protects you against a variety of cyber-attacks and data loss scenarios, which are becoming increasingly common. This includes loss or breach of data held in the cloud and hack attacks on third parties emanating from your computer systems.
WIDE CRIME COVER
Our crime cover goes further than most other policies and protects against cyber crime such as electronic identity theft and fraudulent online money transfers, as well as traditional employee or third party crime involving the misappropriation of company assets.
KIDNAP, RANSOM AND EXTORTION COVER
Our policy provides cover for kidnap and ransom, including the reimbursement of a ransom and the payment of costs associated with kidnap, such as security consultancy costs, bodily injury, legal liability and emergency evacuation. Our extortion cover extends to cyber extortion, a growing area of exposure for any company with a digital presence.
BRAND AND REPUTATION PROTECTION
Up to a specified sub-limit, we will pay the costs of retaining the expert services of specialist public relations consultants to counter brand and reputation damage caused by negative media attention, providing support when you need it most.