Markel Corporation has introduced Markel Management Liability, an integrated suite of coverages including directors’ & officers’ liability, employment practices liability, and fiduciary liability. The coverages are available as a package policy or as stand-alone coverages.
Markel Management Liability protects insureds against a wide range of exposures arising from allegations of mismanagement from shareholders, employees, and regulatory bodies.
This admitted, claims-made package currently targets small-to-middle market, private organizations with up to $750 million in revenue. Coverage availability will expand to include nonprofit organizations and publicly-traded companies soon. Markel entertains all industry classes for management liability coverage, except financial institutions. Admitted, excess coverage forms are also available.
Led by Salvatore Pollaro, managing director of Markel Management Liability, Markel has two dedicated management liability underwriting teams that are located in Deerfield, IL (Chicago) and New York City, NY. Salvatore joined Markel in 2009 and brings 17 years of leadership experience in management liability.
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