Public companies of all sizes face litigation risks. Simplify executive lines risk management with our robust insurance solutions.
Protect Your Company, Your Directors and Your Officers
Public companies face litigation risks from investors, employees, competitors, and regulators, and their directors and officers are often named in lawsuits. Securing robust management liability coverage as early as possible, and preferably pre-IPO, is the best way to ensure that you have the right protection when you need it. If you’re running a public company, or if you’re planning to take your private company public, contact us to discuss your coverage needs.
Capital Markets Expertise Backed by Global Support
NSI is a leader in the management liability insurance space, and has earned the trust of countless companies, accountants, attorneys and transfer agents in the IPO and capital markets environment. We’ll work closely with you to identify your unique coverage needs and secure solutions that empower you to control your risks as your company grows.
Jason Bishara, NSI’s Financial Lines Practice Leader, has developed a niche serving small-cap and micro-cap corporations. He provides personalized attention and insurance expertise to help companies of all sizes navigate their exposures. NSI clients are supported by the full power of Unison Risk Advisors, so we have in-house resources and expertise to support any insurance or risk management need that may arise.
Management Liability Coverage Options
Our Private Client Insurance offers unparalleled protection for your high-value assets. From expansive estates to treasured art collections, we provide comprehensive coverage that ensures peace of mind. Our policies are crafted to cover:
Frequently Asked Questions
When should my company secure executive liability insurance?
Public companies face significant litigation risk, so it’s important to have coverage in place. However, even if you are pre-IPO, it’s smart to think about coverage sooner rather than later. By purchasing coverage ahead of IPO or SPAC activity, you can secure favorable terms and affordable coverage while locking in a retroactive date that provides coverage for IPO-related actions. NSI can review your situation and coverage needs.
What is the retroactive date?
Many claims-made management liability policies include a retroactive date. Events that occur before this date are not covered, even if the associated lawsuit is filed while the policy is in force. Securing coverage early is the best way to obtain a retroactive date that provides coverage for your company’s risks.
What type of management liability coverage does my company need?
Each company is unique, so the only way to determine what insurance products your company needs is to conduct a personalized review of your operations and risks. However, most public companies can benefit from directors and officers insurance, employment practices liability insurance, errors and omissions insurance, cyber insurance and crime insurance.
Are all D&O policies the same?
No. There are significant differences in D&O policy terms. In addition to providing different limits, some policies include more restrictive restrictions and exclusions. The endorsements you add can also make a difference. Whether or not you have the coverage you need in the event of a lawsuit may come down to the specific language in your policy, so details matter. NSI can help you understand your coverage and make sure it fits your needs.
What is tail coverage?
Tail coverage is an endorsement that adds an extended reporting period to a claims-made management liability policy. This is important because without tail coverage, insurance coverage ends when the policy lapses, and this can leave executives without coverage for lawsuits that emerge months or years later. Learn more about tail coverage.
