Insurance for Management Liability

Who's it for?

  • Biotech companies
  • Charities
  • Construction companies
  • Educational institutions
  • Healthcare institutions
  • Leisure and hotels
  • Listed companies outside the US
  • Manufacturers
  • Media companies
  • Municipalities
  • Nursing homes
  • Online companies
  • Professional service firms
  • Public sector companies
  • Retailers
  • Technology companies
  • Trusts
  • Utilities
  • Wholesalers
  • Other private companies

What does it cover?

  • Directors and officers liability
  • Company reimbursement
  • Entity securities liability
  • Investigation costs
  • Outside directorship liability
  • Extradition and appeal costs
  • Family costs
  • Corporate liability
  • Employment practices liability
  • Benefit plan liability
  • Cyber and privacy
  • Kidnap and ransom
  • Court attendance costs
  • Loss mitigation
  • Reputation and brand protection

Why is it needed?

  • ML includes broad cover for kidnap & ransom including ransom reimbursement, legal liability, bodily injury in the event of a kidnap, kidnap expenses and emergency evacuation expenses.
  • We offer entity securities cover as standard under the D&O insuring clause and can also offer corporate liability covering corporate manslaughter and health and safety breaches. In addition, there is entity cover under other insuring clauses including employment practices liability, benefit plan liability, cyber & privacy and kidnap & ransom.
  • The cyber and privacy cover offered in this policy mirrors that of CFC's broad standalone cyber and privacy policy. Features include cyber liability, privacy liability, mandatory and voluntary privacy breach notification costs and systems damage and business interruption.


©2020 Novus Insurance Brokers
California License Number: 0H49311