ISO's Management Protection Program

ISO's Management Protection Program helps you offer your customers coverage for a wide range of risks, including executive liability (also known as directors and officers liability).

Every day, businesses face management-related exposures. A regulatory investigation results in allegations of securities fraud and breaches of fiduciary duty. Participants in a 401(k) plan allege breach of fiduciary duties under ERISA. An employee files a discrimination or wrongful termination suit. A key executive gets kidnapped. The treasurer embezzles corporate funds.

ISO's Management Protection Program can help. Our program gives you the tools to protect your clients' directors and officers from those exposures and more.

Here's what you get
We've designed the program to meet the requirements of public and private for-profit corporations (including financial institutions) and not-for-profit organizations. When you sign up for the Management Protection Program, you get ISO standardized forms, manual rules, and loss costs – along with our legislative monitoring and filing services. ISO's Management Protection Program is a convenient way to get into the management liability market quickly and easily.

To meet the needs of different insurers, ISO delivers the Management Protection Program as a comprehensive package or as individual stand-alone coverages. Your company can participate for executive liability and fiduciary liability only. Or you can write the full ISO Management Protection Program — including employment practices liability, crime and fidelity, and kidnap/ransom and extortion — by also participating for those lines of business.

Available forms
You get all the forms, rules, and loss costs you'll need to write executive liability policies and fiduciary liability police found in the Commercial Lines Manual (CLM). Rules in the Management Protection division cross-reference all the forms, rules, and loss costs that allow you to add supplemental coverages for employment practices liability, crime and fidelity, and kidnap/ransom and extortion coverages located in other sections of the CLM.

To keep your policies up to date as social environments and legal standards change, ISO's Management Protection Program also includes:

• an update service for our existing management protection coverage forms, endorsements, manual rules, and loss costs
• an advisory policy application 
• new coverage forms for continual program enhancements (For example, we plan to develop bankers professional liability coverage.)
• our legislative monitoring and filing services

For more information . . .
. . . on the Management Protection Program — or to get in touch with a sales representative — contact ISO. You can also call us at 1-800-888-4476.