Coverage for loss incurred by directors, officers, fiduciaries, or transaction professionals as a result of their service in crisis or complex risk situations or in connection with a transaction.
Specialty Management Liability Insurance is available for capacities including directors and officers, liquidators, trustees, managing partners, and shareholder representatives. The product can be particularly responsive to:
- specific decisions by a company board
- distributions by liquidators
- shareholders’ representative in a company sale
- the role of independent fiduciaries
Ambridge’s Specialty Management Liability Insurance policies are custom-tailored to the risk to be insured and the insured’s specific circumstances. Specialty Management Liability Insurance can be applied in legal organizational structures including corporations, limited liability companies, partnerships, or trusts and can include significant limits of liability.
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