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Private/Not-For-Profit: ACE Express Management Protection Liability Policy

ACE's Management Protection Liability Policy provides broad insurance coverage for risks facing Directors and Officers of private and not-for-profit institutions.

Benefits:

  • Industry leading claims handling expertise, including no panel counsel requirement
  • Ability to coordinate placement of a locally admitted policy in many foreign jurisdictions where required
  • Broad definition of insured person
  • Broad definition of claim and securities claim
  • Broad application severability for insured persons

Coverage:

  • Formal investigation coverage for insured persons
  • Loss includes punitive and exemplary damages and the multiplied portion of any multiple damage award where insurable

Limits:

  • Up to $25 million

Typical Client Profile:

  • Our typical clients include any type of private or not-for-profit institution.