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Management Liability

Decisions carry risk. Leaders deserve cover.

Management liability protects your directors, officers, and the organization itself against claims of mismanagement, employment practices disputes, and fiduciary missteps — with defense costs covered from day one.

What we cover

  • Directors and officers (D&O) liability
  • Employment practices liability (EPLI)
  • Fiduciary liability
  • Legal defense costs
  • Entity coverage options

Why By America

  • Protection that helps you recruit and retain strong board members.
  • Coverage shaped to private companies, nonprofits, and associations.
  • Claims handled discreetly, with experienced defense counsel.

Coverage terms, limits, and exclusions vary by carrier and policy form. We walk you through exactly what is and isn’t covered before you bind — no fine-print surprises.

Good to know

Questions we hear most.

Do we need D&O if we’re privately held?

Any company with a board, investors, or outside advisors. Claims come from shareholders, employees, competitors, and regulators — not just public-company litigation.

What does employment practices liability cover?

Claims of wrongful termination, discrimination, harassment, and retaliation, including defense costs. It is the most frequently triggered piece of a management liability program.

Are defense costs inside or outside my limit?

In most management liability forms, defense costs erode your limit. We show you where that sits in any quote, because it materially changes the protection you are buying.

What is a claims-made policy?

Coverage applies to claims reported while the policy is active, not when the act occurred. Keeping continuous coverage and retroactive dates intact is essential.

Free quote

Ready for a number on this coverage?

Tell us a little about what you’re protecting. We’ll come back with options and real pricing — no obligation.