D&O AND ENTITY LIABILITY

Decisions made by boards and executives have far ranging consequences and implications. Whether serving privately owned companies, not-for-profits or as leaders of publicly traded business, boards and executives are not immune from public scrutiny and can be held personally liable for their management decisions. Shareholders, constituents, employees, customers, suppliers, competitors, and even the government have standing to sue the entity and its board.

• Not-For-Profit
• Private Entity
• Public Entity

EMPLOYMENT PRACTICES LIABILITY INSURANCE

Even the smallest employee dispute can turn into expensive litigation. Spurred by federal legislation, monetary awards for employment-related claims - for harassment, discrimination, wrongful termination, retaliation, defamation, unfair hiring practices, and other workplace torts - are steadily rising, with no end in sight. Employment-related claims can have a serious financial impact on your bottom line. Westchester specifically developed this policy with the EPL exposures of private companies in mind.

• Coverage for insured persons' spouses and domestic partners for such insured persons' wrongful acts
• Subject to the applicable aggregate limit of liability, no cap ("hammer") on liability in the event the insured refuses to consent to a recommended settlement
• Definition of Loss includes punitive, exemplary, and multiplied damages, where permitted by law, in the venue most favorable to the insured
• Coverage for sold subsidiaries, whether sold before or during the policy period, continues during the policy period for acts committed during time as a subsidiary
• Bilateral extended reporting period; any insured has right to purchase
• Coverage is fully non-rescindable

PERSONNEL PROTECTION

Coverage is designed to assist companies and families with the financial and emotional burdens of such events, and to ensure the victims' safety above all else. Helping secure the safe release of the victims is not where coverage ends. After an incident of kidnapping, extortion or detention, reimbursement is available for legal and medical expenses, reward monies, interest on loans, travel accommodations, security guards, and a myriad of other expenses.

• NA

SIDE-A D&O

A Side-A Directors and Officers Liability Insurance policy offers broad protection for individual Directors and Officers for Non-Indemnifiable Claims, typically with expansive coverage and difference-in-conditions (DIC) enhancements.

• Private Entity
• Public Entity