Who Does Management Liability Insurance Protect?
In addition to a D&O suit, cyber insurance solutions and the risks it is designed to protect against have entered the board room more strongly than ever. Because of this and the importance of other Management Liability coverages and its role in risk management, we at The Horton Group argue that a robust Management Liability solutions and Cyber program not only protects a company’s balance sheet, but also the personal assets of its key operators and decision makers. Horton’s management liability insurance helps protect public, private, and non-profit companies from a range of board-level exposures.
To protect your private company from a costly lawsuit, understanding the areas where your business faces the most risk is the first step. Use this list as a starting point to identify the potential liabilities in your company so you can create or tailor a risk management program to attack these issues.