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Management Liability Insurance (D&O/EPLI)

Directors & Officers (D&O) Liability is the exposure of corporate board members and officers to lawsuits arising out of their actions, decisions and good-faith mistakes regarding the management of their organization. D&O Liability insurance protects the personal assets of directors and officers from defense expenses and losses, along with insuring the company's assets from liability incurred by indemnifying their D&O's, and in certain cases insuring lawsuits against the company itself (the entity).

Lawsuits against directors and officers may be brought by current or former employees, competitors, vendors, suppliers, regulators, shareholders, the corporation itself, volunteers and donors (in the case of nonprofit organizations), and others. Any organization with a Board of Directors should purchase coverage. Employers today are faced with increased legal obligations while managing their workforce. From the hiring process to the exit interview, companies are vulnerable to an employment related lawsuit. Whether a company is large or small, they are a target of legal action by past, present or prospective employees.

Employment Practices Liability Insurance (EPLI) protects a company against damages for events relating to their workforce, including but not limited to wrongful termination, harassment, discrimination and unfair hiring practices. It also provides defense costs associated with responding to employment related lawsuits and investigations. Any company with employees should purchase Employment Practices Liability Insurance.

Related Management Liability products include General Partners Liability, coverage similar to D&O but for Partnerships and their General Partners; Fiduciary Liability, coverage for liability arising from ERISA welfare & benefit plans; Side A only D&O Liability; Kidnap & Ransom and Transactional Insurance products including Representations & Warranties.  Please contact an NIF Pro employee to discuss these ancillary coverages.

Management Liability Insurance (D&O/EPLI) Applications


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About NIF Group

NIF Group is a national program manager and regional wholesale broker. Based in NY with offices nationwide, NIF underwrites programs for nonprofits, social service agencies, bowling centers, and contractors; as well as offering access to specialty property casualty, such as contractors, difficult products, environmental, property and management/professional liability.

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