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R&R Insurance Blog

What is Management Liability?

Posted by Amy Brennan

Tue, Feb 09, 2016 @ 09:30 AM

Workers-Compensation-Update.jpgManagement liability is defined as insurance that covers exposures faced by directors, officers, managers, and business entities that arise from governance, finance, benefits, and management activities (also called "executive liability insurance"). It can be compared to a malpractice policy for management.

Directors & Officers Liability (Managerial Malpractice)

Protects Corporate Governance

Protects management Decision Making

 

Employment Practices Liability (Human Resources Malpractice)

Protects those who manage people

Protects Hiring/Firing/Promotion Exposures

 

Fiduciary Liability (Employee Benefits Malpractice)

Protects ERISA Liability exposures            

 Protects Benefits Administration Exposures

Protects discretionary judgment of managers

 

Contact a Knowledge Broker at R&R Insurance to learn more about Management Liability and how it can protect your business.

Topics: Management Liability