private companies News

New AXIS Insurance Management Liability Policy Targets Private Companies

AXIS Capital Holdings Limited’s AXIS Insurance has launched AXIS Privatus Platinum, a new modular management liability policy designed to offer flexible insurance options for managing the changing needs and risks that privately held companies face in today’s complex legal and …

Allied World No. Am. Launches ‘ForceField’ Product Suite in Canada

Allied World Assurance Company Holdings, AG announced today the launch of its ForceField management liability product suite in the Canadian market. ForceField offers five coverage components including: Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, Crime Coverage, and Kidnap …

ThinkRisk, Aspen Launch New Private, Non-Profit Management Liability Program

ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most states and offers multiple coverage lines for …

Monitor Launches Enhanced Executive Liability Insurance for Private Companies

Monitor Liability Managers has launched a new executive liability insurance suite of coverages for privately held companies called ExecSuite. With ExecSuite, businesses can choose the coverage that best suits their needs. Choices include: directors, officers and corporate liability; employment practices …

XL Group Add Wrongful Internet Usage Protection to Private Co. EPLI Policies

XL Group’s Private Commercial insurance business has added wrongful Internet usage protection to its employment practices liability coverage as part of its management liability package to help employers contend with risks posed by employees’ online activities and social media networking, …

Chartis Enhances Fiduciary Liability Coverage

Chartis has introduced enhancements to its fiduciary liability product for private companies, nonprofits and financial institutions. The company’s Fiduciary Liability Edge endorsement will provide coverage to address the rapidly expanding exposures facing employee benefit plan sponsors and their directors, officers …

Chubb Creates Online System for Private Companies and Nonprofits

The Chubb Group of Insurance Companies has developed an online system to make it easier for producers to procure professional liability and management liability insurance for private companies and nonprofit organizations. Chubb DecisionPoint automates the submission process for agents and …