Management Liability

In an environment of heightened litigation, social inflation, shareholder action, global connectivity, hyper consumer-awareness and regulatory scrutiny, our clients need to ensure they have adequate insurance protection for their company, employees, and directors and officers.

To address these requirements qualified brokers can leverage Ascot Apex — a suite of Management Liability insurance solutions that provide a range of products and coverages across a wide array of industry verticals. Ascot Apex includes a primary, and an excess follow-form product with a broad appetite to provide management liability coverages to public, private, and non-profit commercial risks. Ascot’s Management Liability products are accessed exclusively through select wholesale insurance brokerage firms.

Key Facts

ABC and Side A
  • Excess-Only including ABC, Traditional Side A, Excess DIC and ODL
Target Industries
  • Specific Strategies Around a Broad Range of Industries including Technology, Life Science, and Healthcare
  • Specific Strategies Around Risks with Small, Mid and Large-Cap Valuations
  • Target Opportunistic Placements that are Post-Claim, Post M&A, etc.
  • Excluded classes: All Non-US Domiciled Risks, Cannabis-Related Risks, Cryptocurrency, ICO’s and Blockchain
Limits Offered: $10,000,000
Ascot Differentiator
  • Highly Experienced and Skilled Underwriters
  • Decisive, with Local Authority and Quick Turnaround Time
  • Ability to Underwrite Complex Risks including IPO’s, SPAC IPO’s, deSPAC Transactions, and Other Transactional Opportunities
Coverage Features
  • Admitted/Non-Admitted Capabilities
  • Geographic Scope: All 50 States and Washington D.C.
  • Follow-Form Excess
  • Drop-Down Sub-limits Available
  • Top-Heavy Excess Limit Consideration on a Risk-Specific Basis
ABC and Side A
  • Excess-Only including ABC, Traditional Side A, Excess DIC and ODL
Target Industries
  • Public companies in excess of $500 million of sales/ revenue
  • Specific Strategies Around a Broad Range of Industries including Technology, Life Science, and Healthcare
  • Specific Strategies Around Risks with Small, Mid and Large-Cap Valuations
  • Target Opportunistic Placements that are Post-Claim, Post M&A, etc.
  • Excluded classes: All Non-US Domiciled Risks, Cannabis-Related Risks, Cryptocurrency, ICO’s and Blockchain
Limits Offered: $10,000,000
Ascot Differentiator
  • Highly Experienced and Skilled Underwriters
  • Decisive, with Local Authority and Quick Turnaround Time
  • Ability to Underwrite Complex Risks including IPO’s, SPAC IPO’s, deSPAC Transactions, and Other Transactional Opportunities
Coverage Features
  • Admitted/Non-Admitted Capabilities
  • Geographic Scope: All 50 States and Washington D.C.
  • Follow-Form Excess
  • Drop-Down Sub-limits Available
  • Top-Heavy Excess Limit Consideration on a Risk-Specific Basis
Target Industries
  • Tailored Terms and Conditions on a Risk-Specific Basis
  • Target True Middle Market Risks
  • Consider Opportunistic Placements that are Post-Claim, Post M&A, etc.
  • Entertain a Broad Range of Industries including Healthcare, Education, Hospitality, Retail, Real Estate, Energy, Technology, BioTech and HOA’s
  • Excluded Classes: All Non-US Domiciled Risks, Cannabis-Related Risks, Cryptocurrency, ICO’s and Blockchain
Limits Offered: Shared or Separate
  • Up to $5,000,000 Primary
  • Up to $10,000,000 Excess
Ascot Differentiator
  • Wholesale Only Distribution
  • A (Excellent) AM Best Rating
  • Highly Experienced and Skilled Underwriters
  • Decisive, Quick Turnaround Time
  • E&S Underwriting Mindset
  • Provide Broker Solutions for Hard-to-Place Risks
  • Ability to Manuscript and Provide Creative Coverage Solutions
  • Exceptional claims support
  • EPL risk management services
Coverage Features
  • Two paper companies: Ascot Insurance Company and Ascot Specialty Insurance Company
  • Admitted and Non-Admitted Capabilities
  • Geographic Scope: All 50 States, Washington D.C., and the U.S. Virgin Islands
  • Duty to Defend
  • Stand-Alone or Blended Coverage
  • Primary Sub-Limits Available for Regulatory, Antitrust, Wage & Hour, and Immigration
  • Primary Healthcare and Education Extensions Available by Endorsement
  • Follow-Form Excess
  • Drop-Down Sub-limits Available on Excess
  • Top-Heavy Excess Limit Consideration on a Risk-Specific Basis

Contacts

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Resources

Ascot Public D&O Wholesale Overview
Download
Ascot Public D&O Retail Overview
Download
Ascot Private and Not for Profit Management Liability Overview
Download

Risk Management Resource Center

Ascot has partnered with Freeman, Mathis & Gary LLP to offer personalized access to the Ascot Employment Practices Liability Risk Management Hotline for policyholders. This hotline is only for insureds of Ascot who have an active management liability policy of insurance.
Ascot Resources