Directors and Officers (D&O) Liability Insurance is designed to protect the personal assets of a company’s management team—including board members, officers, and executives—against claims arising from decisions made in their corporate roles. These policies typically cover legal defense costs, settlements, and other liabilities associated with alleged wrongful acts such as mismanagement, breach of fiduciary duty, or failure to comply with regulations. Claims may stem from employees, shareholders, regulators, or other third parties.
Why Offer Management Liability Insurance Through Gateway Specialty Insurance?
Gateway Specialty Insurance offers a comprehensive Management Liability (Directors & Officers) program tailored to help agents place coverage for a wide range of organizational leadership exposures. Whether your client is a nonprofit organization, a privately held business, or a publicly traded company, we can help you secure the right protection for their leadership team. This program is available through most markets and is supported by Gateway’s expert underwriting and broker support team.
Ideal Accounts and Appetite
This program is suitable for:
- Nonprofit organizations, including 501(c)3s
- Privately held businesses in a variety of industries
- Publicly traded companies (subject to underwriting)
- Start-ups and emerging companies with active boards
You might have a client who recently added outside board members and now faces increased exposure to shareholder actions. Or a nonprofit about to receive grant funding and needs D&O coverage to satisfy the grantor’s requirements. Gateway Specialty can help you place these accounts quickly and efficiently.
Coverage Highlights
Gateway’s D&O program includes robust features to help protect directors, officers, and board members:
- Duty to defend policy with full prior acts coverage
- Unlimited extended reporting period for former directors and officers
- Automatic outside directorship liability for 501(c)3 board service
- Standalone coverage options for D&O and Employment Practices Liability (EPL)
- Optional inclusion of Fiduciary and Crime coverage
- Choice of legal counsel in many cases
- Deductibles starting at $0 for D&O and EPL
- Defense outside the limits available
Underwriting Considerations
Gateway Specialty works with most available markets and offers flexible underwriting for a wide range of organizations. While there is no stated minimum premium, underwriting terms vary based on the size, structure, and risk profile of the applicant. Submission requirements typically include a completed application and details on corporate structure and financials.
Available Nationwide
Gateway Specialty’s Management Liability program is available in most U.S. states, including but not limited to CA, TX, FL, NY, IL, and PA. With access to both admitted and non-admitted markets, Gateway can match your client’s needs with the appropriate coverage solution across diverse regulatory environments.
Why Work With Gateway Specialty Insurance?
As a wholesale broker with a national footprint, Gateway Specialty Insurance provides agents and brokers with access to strong markets and responsive underwriting for D&O risks. Their team understands the nuances of management liability and helps you navigate complex submissions efficiently. From nonprofits to private companies, Gateway delivers tailored solutions and concierge-level support to help you close more business.
Call 877-474-7868 to phone quote.
Email submissions to [email protected].
Call us at 877-977-4474 if you have any questions.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for nonprofits, private companies, and select publicly traded firms looking to protect their directors and officers from management liability exposures.
Can this policy include other coverages like EPL or Fiduciary?
Yes, standalone or combined options for Employment Practices Liability, Fiduciary Liability, and Crime coverage are available depending on the client’s needs.
Is this coverage available in all states?
Yes, Gateway Specialty offers this program in most states across the U.S., including DC.
Do you offer admitted or non-admitted markets?
Most markets are available, giving flexibility to match each client with the best-fit solution, whether admitted or non-admitted.
What’s required to get a quote?
Typically, a completed application and basic company information such as financials and organizational structure are needed to begin underwriting.
Need help placing an account? Connect with a market specialist.