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In today's litigious environment, the people entrusted to manage and direct your clients' companies and organizations are more susceptible to executive liability lawsuits than ever before. As leaders, directors and officers may be held personally liable for their management decisions, which means their personal assets are exposed to risk with every decision they make. The Hanover's Directors and Officers Liability solution helps protect personal assets of directors and officers and the financial well-being of their organization when allegations of misconduct are made

Target Appetite

Our broad appetite and expertise enables us to write Directors and Officers Liability coverage for almost any company or organization of any size. We specialize in:

  • Agriculture
  • Business to Business Services
  • Business & Trade Associations
  • Charitable Organizations
  • Construction
  • Food Processing
  • Foundations
  • Manufacturing
  • Mining
  • Museums
  • Natural Resources
  • Oil & Gas
  • Personal Services
  • Professional Services
  • Social Services
  • Software design and development
  • Software as a Service
  • Tech Manufacturing
  • Transportation
  • Vocational Training
  • Waste Management
  • Wholesale

Product Offerings

Our Directors and Officers Liability solution is available in a convenient modular policy or as a standalone policy. Coverage highlights include:

  • Entity coverage included (additional protection should the company be named in a lawsuit)
  • A broad definition of insured persons including past, present, or future executives and employees, legal representative or assigns, in the event of incompetence, insolvency, or bankruptcy, estates and heirs of deceased individuals and the spouses with respect to ownership interests in an individual's property
  • Securities private placement coverage
  • Additional sub-limit for the investigative cost associated with a securities derivative demand
  • No retention for individuals if the entity is financially unable to indemnify
  • Additional limit in excess of the policy limit dedicated for executives for non-indemnified claims
  • Coverage for the failure to undertake or complete an IPO or sale of securities (private companies)
  • Automatic 501(c)3 Outside Director coverage (private companies)

Contact Us

Contact a member of our team who can help you develop tailored management and professional lines solutions for your clients.

Jon Martin
VP, Distribution Management
MI, OH
269-240-8118
jonmartin@hanover.com

Aaron Brown
Regional Distribution Director
AZ, CA, ID, MT, NM, NV, OR, UT, WA, WY
949-202-8559
cabrown@hanover.com

Adam Bennett
Regional Distribution Director
CO, IA, IL, IN, KS, KY, MN, MO, ND, NE, SD, WI
952-484-8907
abennett@hanover.com

Jim Cramer
Regional Distribution Director
AR, KS, LA, MO, OK, TX
469-318-5153
jcramer@hanover.com

Margaret Teta
Regional Distribution Director
CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT
860-597-7967
mteta@hanover.com

Shannon Juedeman
Regional Distribution Director
AL, FL, GA, MS, NC, SC, TN, VA, WV
678-230-2514
sjuedeman@hanover.com


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