Management Liability

Tokio Marine HCC’s management liability policy is ideally suited to the small and medium sized enterprises market and includes protection for directors and senior employees, corporate liability for the protection of the company and corporate employment liability insurance, protecting the company from past, present and prospective employees.

Highlights

Separate claim limits available for each tier of cover (directors and officers, corporate liability and company employment practices liability)
Low limits available
Tailored to meet specific needs of trade or affinity groups
Rolling monthly policy option available
Fast track renewal option available
Coverage on an any one claim basis of up to £10 million

Best For

Private limited companies with a turnover of up to £50 million

Summary of Coverage

Directors and officers – worldwide coverage
Corporate liability – European Union coverage
Employment practices liability – European Union coverage
Blanket protection for past, present and future directors and officers
Top-down cover provided for parent companies of group structures to ensure all group companies covered
Non-executive directors additional limit as standard
120-month cover automatically provided for retired directors
Automatic 45-day cover granted in the event of a management buyout
Civil fines and penalties cover to full policy limit for individuals
Costs incurred from an investigation by an official or regulatory body covered to full policy limit

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.