Overview of the D&O Public Program from ExecutivePerils, Inc.
ExecutivePerils, Inc. offers the D&O Public program to help you place directors & officers and employment practices liability for publicly held entities and other organizations with public exposures. Backed by a broad carrier network (ExecutivePerils is appointed with over 35 insurance companies), this program pairs flexible coverage options with enhanced market access to protect executives, boards and the corporate entity.
Ideal Accounts and Appetite
- Publicly traded companies across small- and mid-cap segments
- Private companies preparing for IPO or with imminent public filings
- Organizations that need combined D&O and Employment Practices Liability (EPL) placements
- Non-profit 501(c)(3) board service exposures (automatic coverage for service on nonprofit boards)
Typical accounts fit a range of revenue and employee sizes; underwriters favor firms with controlled governance, clear employment practices, and manageable litigation history. The program also supports stand-alone D&O placements and optional fiduciary liability extensions for retirement plan exposures.
Coverage Highlights and Advantages
- Separate limits for Directors & Officers Liability and Employment Practices Liability
- EPL defense costs provided outside the limit of liability for firms with up to 200 employees
- Unlimited extended reporting period for former directors and officers
- Occurrence-form protection to address certain claim timing concerns
- EPL wrongful act coverage that lists 12 named perils, including claims arising from internet use and third-party sexual harassment
- Optional third-party discrimination coverage when EPL is purchased
- Automatic entity coverage included in both the D&O and EPL coverage parts
- Full prior-acts coverage and punitive damages where insurable by law
- Spousal extension and automatic coverage for service on nonprofit 501(c)(3) boards
Underwriting Notes
Underwriters will review governance practices, financial condition, regulatory or securities exposures, employment practices, and prior claim or litigation history. The program accommodates both combined D&O/EPL placements and stand-alone D&O policies. Optional features such as fiduciary liability and third-party discrimination can be added when appropriate.
Key underwriting observations:
- EPL defense costs outside the limit apply for employers with up to 200 employees — this can materially reduce erosion of limits on smaller accounts.
- Unlimited extended reporting periods for former directors & officers are available, which is attractive for companies with board turnover or M&A activity.
- Full prior acts coverage is included, simplifying placements for clients converting from other carriers.
Example Account Scenarios
- You have a public technology company with 150 employees facing heightened employment exposure after a workforce reduction. This program’s EPL features (defense outside the limit and broad wrongful-act perils) can help preserve limits for securities exposures.
- You’re placing D&O for a small public retailer preparing for an IPO. The occurrence-form protection, unlimited extended reporting for former officers, and optional fiduciary extension address pre- and post-IPO risks.
Territories and Availability
Available in: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY.
Why Work with ExecutivePerils, Inc. on D&O Public
- Deep carrier access: appointed with 35+ markets to place diverse public-company risks.
- Program flexibility: modular options let you tailor D&O, EPL, fiduciary and entity coverages for each account.
- Agent-focused service: underwriting teams experienced in public company exposures and IPO transitions.
- Claims-conscious wording: full prior acts and unlimited extended reporting provide continuity for clients moving between markets.
Frequently Asked Questions
What types of public companies are a good fit for this D&O Public program?
Small- to mid-cap public companies, private firms preparing for an IPO, and organizations with standard governance and manageable litigation history are primary targets. The program also supports non-profit board service exposures.
How does the EPL defense costs outside the limit work?
For firms with up to 200 employees, EPL defense costs are paid outside the limit of liability, which preserves the limit for indemnity payments and securities exposures. Confirm employee counts with underwriters during submission.
Is prior-acts coverage included?
Yes — the program includes full prior acts coverage, helping ensure continuity when a client is switching carriers or renewing with new terms.
What optional extensions are available?
Options include stand-alone D&O, fiduciary liability extensions, and third-party discrimination when EPL is purchased. Availability and limits depend on carrier appetite and account specifics.
Which states can I submit risks from?
This program is available in the full list of states shown in the storefront (including the District of Columbia). Check with underwriting for any state-specific filing or form requirements.
Need help placing an account? Connect with a market specialist.