Management Liability Program

As a manager, director of officer of any company or non-profit organization, you may be exposed to significant personal risk without even knowing it.  Bradley’s Management Liability Program can act as the cornerstone of protection in Executive Risk Management for your organization.

Our Management Liability Program protects corporate directors, officers, and managers from personal risk related to:

• Employment Practices Liability
• Directors and Officers Liability
• Fiduciary Liability

Claims Examples:

A) An employee of a leather goods manufacturer sued a director and a manager alleging they had committed a tort by inducing the company to breach his employment contract and wrongfully fire him without cause. Damages and legal costs exceeded $200,000

B) A $1.6 million judgment was awarded to an employee of a beverage distributor for sexual harassment.  The suit alleged the company and the Directors, Officers and Managers were negligent in not having procedures and controls to prevent the harassment.

C) A $3.8 million settlement involved officers who issued overly optimistic and misleading profit projections to investors which ultimately were not realized.

For a quote on Bradley’s Management Liability Insurance Program, or for any questions on this product please contact:

Jim Crighton, BA, CIP, CRM at (613)836-2207 x 2234 or jcrighton@bradleysinsurance.com

To download our Management Liability Insurance Program brochure please right-click on this link and choose 'Save Target As'.