The Hiscox Not-for-Profit Management Liability insurance policy is designed to help not-for-profit organizations address their management liability risks. The form offers up to four areas of coverage and is structured to provide flexibility, including shared or separate limits of liability. Not-for-profit organizations can tailor their insurance program to match their business needs. The policy is available for not-for-profit organizations regardless of industry, revenue or employee count.
Coverage
The Not-for-Profit Management Liability policy includes the following four areas of coverage:
• Directors and Officers Liability (D&O)
• Employment Practices Liability Insurance (EPLI)
• Fiduciary Liability Insurance (FLI)
• Employed Lawyers Professional Liability (ELAW)
Who we cover:
- Named organization
- Subsidiaries
- Affiliates (by endorsement)
- Directors, officers and trustees
- General counsel and risk managers
- Employees (including temporary and seasonal)
- Leased employees and independent contractors
- Volunteers
Losses we cover:
- Judgments, settlements, prejudgment and post judgment interest
- Punitive, exemplary and multiple damages where insurable by law (most favorable venue language)
- Defense costs
- Reputation loss (D&O)
- Back pay and front pay (EPLI)
- Statutory attorney fees (EPLI)
Policy highlights
- Claims made policy
- Flexible shared and separate limit options available for all coverage parts
- Spousal/domestic partner extension coverage
- Optional discovery period up to six years
- Worldwide coverage
- Final adjudication wording for conduct exclusions
- Full severability for all insureds, including the organization
To find out more
For more information, speak to your Agent or Broker, or contact our Management Liability Underwriters.
Contact
Bertrand Spunberg
Senior Vice President
520 Madison Avenue, 32nd Floor
New York, NY 10022
Tel: 978 276 6245
Email: bertrand.spunberg@hiscox.com
Kathleen Ray
Assistant Vice President
520 Madison Avenue, 32nd Floor
New York, NY 10022
Tel: 646 442 8329
Email: kathleen.ray@hiscox.com
Brian Clifford
Senior Underwriter
233 North Michigan Ave, Suite 1840
Chicago, Illinois 60601
Tel: 312 239 6359
Email: brian.clifford@hiscox.com
Edward Fedak
Senior Underwriter
5 Concourse Parkway, Suite 2150
Atlanta, GA 30328
Tel: 404 410 2804
Email: edward.fedak@hiscox.com
Joseph Menezes
Senior Underwriter
520 Madison Avenue, 32nd Floor
New York, NY 10022
Tel: 646 452 2365
Email: joseph.menezes@hiscox.com
Rick Wong
Underwriter
101 California Street , Suite 4350
San Francisco, California 94111
Tel: 415 912 1641
Email: rick.wong@hiscox.com
Matthew Brinda
Underwriter
101 California Street , Suite 4350
San Francisco, California 94111
Tel: 415 912 1648
Email: matthew.brinda@hiscox.com
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