Skip to main content
Back

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

PUBLIC D&O (Wholesale)

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
KEY FACTS

PUBLIC D&O (Retail)

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

PRIVATE AND NON-PROFIT PRIMARY AND EXCESS | D&O/EPL/FIDUCIARY

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
  • Excess Only: Non-Profit Colleges & Universities, For-Profit Higher Education, and Public Officials
  • 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
  • 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

Coverage Features

  • Admitted and Non-Admitted Capabilities
  • Geographic Scope:  All 50 States and Washington D.C.
  • 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

Risk Management Resource Center

Learn More

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.

Head of Management & Professional Liability

Brian Chiolan

Get in Touch

Resources

Related News & Insights

See More

Get in Touch

    Quick Links

    Our Affiliates

    Legal

    Connect

    © Ascot Group 2023

    The information contained herein is intended for informational purposes only. Statements of coverage availability and scope are general in nature, subject to change and underwriting of any individual risk, and provide no guaranty or warranty of coverage, express or implied. Products and services are offered through insurance company affiliates within the Ascot Group. Not all products and services are available in every jurisdiction, and some may be available in the United States only on a surplus line basis through licensed surplus line brokers. The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.