MANAGEMENT LIABILITY INSURANCE
Management liability insurance for Georgia businesses.
Management liability insurance covers the personal liability of directors, officers, and managers for decisions made in their business roles. It includes D&O, employment practices coverage, and fiduciary liability. Georgia businesses of all sizes face employment-related claims and governance disputes.
What it covers
What management liability covers
What it covers
Directors and Officers (D&O)
Pays defense costs and damages if directors or officers are sued for decisions made in their management capacity.
What it covers
Employment Practices Liability (employment practices coverage)
Covers claims of discrimination, harassment, wrongful termination, and other employment-related lawsuits.
What it covers
Fiduciary Liability
Protects fiduciaries of employee benefit plans including 401(k) plans and pension funds.
What it covers
Crime and Fidelity Coverage
Protects the organization against employee theft, forgery, funds transfer fraud, and other dishonest acts committed by insiders.
Where policies have edges
What management liability does not cover
Not covered
Intentional illegal acts
Intentional illegal acts by directors or officers are excluded.
Not covered
Bodily injury and property damage
Bodily injury and property damage claims are excluded from management liability and fall under general liability.
Not covered
Prior known acts
Prior known acts and pending litigation at policy inception are excluded.
Not covered
Personal Profit or Advantage
Claims arising from management gaining personal profit or benefit to which they were not legally entitled are excluded from coverage.
Who needs this
Who needs Management Liability Insurance.
Any Georgia business with directors, officers, employees, or fiduciary responsibilities. Nonprofits, private companies, and businesses with outside investors should all carry this coverage.
What it costs
What you can expect to pay.
$1,500 to $8,000 per year depending on coverages selected
Carriers We Compare for Management Liability Insurance
Common Management Liability Insurance Questions
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