At Devon Park, we are proud to offer a management liability product that is specifically designed to protect nonprofit organizations, Executive ViewPoint (EVP). Directors and officers liability insurance protects the assets of the organization from the high costs associated with defending itself and the individual directors and officers in a lawsuit or other action.
Our appetite includes risks with $15 million or more in revenue and up to 500 employees.
Coverage Highlights
- Lifetime Occurrence Reporting Provision (LORP) for former directors and officers
- Non-rescindable policy
- No hammer clause
- $100,00 sublimit for wage and hour, including defense and indemnity (available in most states)
- Additional Side A limit of $1 million
Common Ineligible Characteristics
- Risk locations in California, Louisiana, Mississippi and West Virginia
- Over 500 full-time-equivalent employees.
Please send submissions to [email protected]. For questions or more information, please contact our underwriters at 844-438-6775.
