Management Liability Insurance

Assessing and Insuring Your Potential Liabilities

Safeguarding your reputation and assets with Covella Insurance Partners's management liability protection

Covella Insurance Partners Risk’s management liability coverage helps protect your company’s decisions, decision makers and financial well-being.

The Management Liability program offers protection not addressed by a general liability or umbrella policy. It covers your organization’s financial position, protecting its assets and defending your standing. Through Covella Insurance Partners’s experienced team, you can get the additional protection you need.

Coverages to Protect Your Decision Makers

Directors and Officers Liability

If your directors, officers or members of your management team make decisions, they could be held personally responsible for the outcomes. This is true even if the outcomes were not expected or intended. If someone thinks these choices harm them, they can sue you or your organization, and the legal fees can add up quickly. With Covella Insurance Partners’s directors and officers liability coverage, you can protect not only the financial well-being of your business, but also the assets of your directors and officers.
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Employment Practices Liability

Covella Insurance Partners's employment practices liability coverage protects you from claims of discrimination, harassment and other work-related problems. Current, former or potential employees who feel their rights were violated may make these claims. In addition, third parties can file claims alleging that you or your employees harassed or otherwise discriminated against them. Covella Insurance Partners’s EPL policyholders have access to the Legal teams specializes in Employment Laws, which connects you with a law firm offering advice on employment policies and procedures.
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Fiduciary Liability

Congress enacted the Employee Retirement Income Security Act to outline specific responsibilities for fiduciaries, the individuals who have discretionary control of the administration and assets of employee pension and retirement plans, such as a 401(k). While you may have the required ERISA employee dishonesty bond to protect you against theft by a plan’s trustee, consider Cincinnati’s fiduciary liability coverage for defense against allegations of mismanagement or administration errors.

Cyber Risk

Our connected digital world has changed how organizations conduct business. It’s also brought along new and complex risks, including security breaches, data theft and cyberattacks, affecting organizations of all sizes. Even a groundless claim can drain your organization’s cash and resources as you respond to a security breach or lengthy litigation. Protect your business by investing in cyber risk insurance from Covella Insurance Partners Risk.

Crime Coverage

Covella Insurance Partners’s crime coverage provides you with our most robust and flexible crime protection. You can choose the features and limits to customize your coverage. For additional protection, consider adding our Social Engineering Fraud Endorsement to our Crime Coverage. Social engineering fraud is an evolving type of crime that uses email, phone calls or other means to trick an unsuspecting employee into parting with your money, securities or tangible property.

Contact Our Team who can recommend the coverage options to protect the unique needs of your organization.