At Devon Park Specialty, our private company management liability business is centered on four core industries:
- Manufacturing
- Technology
- Professional services and miscellaneous service firms
- Specialty trade contractors (HVAC, plumbing, electric etc.)
Within these sectors, we have had success writing companies in various stages of development ranging from start-ups to well-established businesses with up to 500 employees.
Devon Park Specialty’s Management Liability product was designed to address these exposures with important product features, such as:
- Lifetime Occurrence Reporting Provision (LORP) for former directors and officers
- $1 million additional Side A coverage automatically provided to protect the personal assets of individual directors and officers in the event the company is unable to provide indemnification
- Regulatory and antitrust coverage
- Full employment practices liability limit for third-party claims
- $100,000 sublimit for wage-and-hour claims, including defense cost and indemnity in most states (most carriers do not offer indemnity)
With a combination of competitive and unique coverage features, as well as top-notch underwriting and service, Devon Park should be your go-to market for these industries. Let us help you provide a competitive quote option to your clients and give them peace of mind by sending your submissions to [email protected].
Ineligible states: Alabama, Alaska, Louisiana, Mississippi, West Virginia, California
