https://completemarkets.com/company/continental-risk-continental-marine-insurance-services/directors-and-officers/
Continental Risk / Continental Marine Insurance Services offers comprehensive Directors and Officers (D&O) insurance solutions tailored for both non-profit and for-profit organizations. This program is designed to help insurance agents and brokers place coverage that protects key decision-makers and entities from a wide array of management liability exposures.
The D&O program covers directors, officers, trustees, employees, volunteers, and the organization itself. It goes beyond traditional liability coverage to address complex and emerging risks, including allegations of fraud, misrepresentation, unfair competition, employment practices violations, and mismanagement of employee or pension benefit plans.
Ideal Accounts and Appetite
Private Companies: Closely held businesses across most industries.
Not-for-Profit Organizations: Including charities, associations, and foundations.
Public Entities: Select publicly traded companies (contact for underwriting review).
Excess Coverage: Available for companies seeking additional layers of protection.
Coverage Highlights and Advantages
Directors & Officers Liability: Protects insureds from claims related to management decisions and negligence in their executive roles.
Fiduciary Liability: Covers fiduciary duties related to employee benefit plans; available on a primary or excess basis.
Employment Practices Liability: Addresses claims such as wrongful termination, discrimination, and sexual harassment.
Tenant Discrimination Coverage: Helps property owners and managers defend against discrimination claims brought by prospective, current, or former tenants.
Underwriting Notes and Minimum Premiums
Primary and excess options are available with flexible structuring.
Separate limit towers and retentions can be applied for each coverage part.
Coverage is non-cancellable except for non-payment of premium.
Capacity limits up to $10 million are available.
Primary coverage suitable for entities with revenues up to $750 million.
Excess coverage available with no revenue threshold.
All classes considered except financial institutions.
Minimum premiums vary depending on risk characteristics.
Territories and Availability
Available in all 50 states and Washington, DC.
Some markets are admitted, while others are non-admitted, depending on jurisdiction and risk profile.
Why Work With Continental Risk
Continental Risk is an experienced Excess & Surplus Lines Broker with access to a broad spectrum of carriers.
They offer tailored solutions for complex management liability exposures across various industries.
Their underwriting team understands the nuanced needs of both non-profit and corporate clients.
Responsive service and flexible program design help agents secure competitive coverage for difficult-to-place risks.
Whether you have a non-profit board seeking protection for its volunteers or a mid-sized private company concerned about employment practices claims, Continental Risk provides a robust and flexible D&O insurance solution. Their expansive state availability and ability to write both primary and excess layers make them a valuable partner for agents placing management liability accounts.
Frequently Asked Questions
What types of accounts are a good fit for this D&O program?This program is ideal for private companies, not-for-profit organizations, and select public companies seeking primary or excess Directors and Officers coverage.
Does the program include employment practices liability?Yes, Employment Practices Liability Insurance (EPLI) is available and covers claims such as wrongful termination, discrimination, and harassment.
Can I write coverage in any state?Yes, this program is available in all 50 states and Washington, DC. Admitted status may vary by market and state.
What is the maximum coverage limit available?Capacity limits are available up to $10 million, depending on the risk and coverage part.
Is there a revenue cap for eligible accounts?Primary coverage is available for companies with revenues up to $750 million. There is no revenue limit for excess placements.
Need help placing an account? Connect with a market specialist.
https://completemarkets.com/company/novatae/alternative-workers-compensation-program/
Overview of the Alternative Workers Compensation Program from Novatae Risk Group
Novatae Risk Group offers a robust Alternative Workers Compensation Program through its partner Empire, designed to help agents place tough-to-insure risks that don't fit traditional markets. As a Managing General Underwriter and Excess & Surplus Lines Broker, Novatae provides access to a wide range of flexible workers compensation solutions backed by top-rated AM Best carriers including Hartford, AIG, Zurich, Argonaut, Amtrust, State National, and Lumberman’s.
Whether your client is being non-renewed due to losses, has a high X-Mod, or is currently in a state fund or assigned risk pool, this program is a powerful alternative. With availability in nearly every state (except monopolistic states), it’s ideal for multistate risks, complex operations, and accounts needing creative underwriting solutions.
Ideal Accounts and Appetite
This program is built for accounts that are difficult to place in the standard market. Targeted scenarios include:
Clients with X-Mods between 1.30 and 3.0
Accounts being non-renewed or canceled due to prior losses
Businesses coming out of a state fund, assigned risk pool, or insurer of last resort
New ventures, lapses in coverage, or no prior history
Accounts with tough class codes or multi-state operations
Common industries include manufacturing, construction (including roofing, framing, excavation, and swimming pool contractors), janitorial, transportation, residential care, and farming. You can also place clerical and service-based risks that meet the alternative underwriting criteria.
Coverage Highlights and Advantages
Empire's Program Features:
Guaranteed Cost and High Deductible Plans
Retroactive Rating Programs (“Retro Plans”)
Dividend and Return of Premium Options
Rate/Premium Deviations and “Consent to Rate” Approvals
Pay-As-You-Go Options and Zero Premium Deposit (optional)
Payroll services with tax compliance and benefit administration
HR support, loss control resources, and expert claims management
These features help reduce upfront costs, improve cash flow, and provide risk management support for long-term cost savings—especially useful for clients with volatile loss histories or complex payroll needs.
Underwriting Notes and Minimum Premiums
To submit a risk, agents will need to provide:
Acord 130 application
Three years of loss history
Loss history affidavit (if lapse or no prior)
Experience Mod sheet
Supplemental application based on class of business (Click here for Supplementals)
Claim narratives for losses over $20,000
Minimum premiums vary by risk and state. Competitive commissions are offered—typically ranging from 6% to 10%, based on class code, premium size, and underwriting risk.
Territories and Availability
Novatae’s Alternative Workers Comp Program is available in all U.S. states except monopolistic ones (ND, OH, WA, WY). Eligible states include AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, and WI.
Why Work With Novatae Risk Group
As a trusted wholesaler and program provider, Novatae Risk Group offers deep market access, tailored underwriting, and responsive service to help agents place hard-to-insure risks. With more than a dozen top-rated carriers and flexible program structures, you gain a partner that understands the unique needs of non-standard workers compensation clients.
Whether you're working with a heavy construction firm with high losses or a new staffing agency with no prior coverage, Novatae helps you navigate challenging placements with confidence and speed.
Frequently Asked Questions
What types of accounts are a good fit for this program?Accounts with high X-Mods, tough class codes, prior losses, lapses in coverage, or those coming out of state funds or assigned risk pools are ideal candidates.
What industries does the program target?This program targets a wide range of industries, including construction, manufacturing, staffing, transportation, janitorial, and residential care, among others.
Is this program available nationwide?It is available in all U.S. states except monopolistic states, including popular markets like CA, TX, FL, and NY.
What documents are required for submission?You’ll need an Acord 130, three years of loss runs, an experience mod sheet, and supplemental applications for the specific class of business.
Can this program handle new ventures or businesses with no prior coverage?Yes, the program is open to new ventures and accounts with no prior coverage, provided other underwriting factors are acceptable.
Need help placing an account? Connect with a market specialist.