Our Customers
Target business
- Privately held companies
- Portfolio companies of private equity
- Not-for-profit organizations
Overview
Why Us
In today's litigious climate, every decision made by a business has the potential to become a liability risk. The regulatory and litigation environments are constantly changing, making it difficult for businesses to keep up. With decades of experience, the underwriters at AXIS Management Liability Insurance for Private and Not-for-profit Organizations can guide, support, and prepare our customers for what lies ahead. Our deep understanding of our customers' businesses allows us to offer modular AXIS Management Liability Insurance—Package Policies that can be configured to meet a broad range of needs.
This product features terms that provide broad protection against known and unknown risks. In the event of a claim, our claims specialists have the experience and skills to facilitate an efficient claims resolution. Our goal is to drive a satisfactory resolution, minimizing both the impact on the customer's reputation and the disruptive effect claims can have on their business operations.
Broad risk appetite
Worldwide coverage, where permissible by law
Standard marketplace enhancements built into the policy
Solutions
AXIS offers a modular management liability insurance policy offering directors & officers liability insurance, employment practices liability insurance, workplace violence expense insurance, fiduciary liability insurance, and crime and cyber coverages.
AXIS offers a modular management liability insurance policy offering directors & officers liability insurance, employment practices liability insurance, workplace violence expense insurance, fiduciary liability insurance, and crime and cyber coverages.
Capabilities
- Primary and excess
- Broad risk appetite
- Shared and/or separate limits available
- Worldwide coverage where permissible by law
- Up to $25M limits of liability, preferred limits of $10M
Target Classes
We can address the specific needs of a broad range of companies, including but not limited to:
- Early and development stage bio-tech
- General business services
- Manufacturing, distribution, wholesale
- Not-for-profit organizations
- Portfolio companies and portfolio company programs
- Privately held companies with under $1 billion in annual revenues
- Professional services, marketing, consulting, logistics
- Retail, food and beverage, hospitality, restaurants
- Utilities, oil and gas, agriculture
Optional Coverages
- Directors and officers liability
- Additional Side-A limit
- Securityholder derivative event expense
- Employment practices liability
- First and third-party coverage
- Workplace violence expense
- Death benefit limit and stalking threat expense
- Fiduciary liability
- Settlor coverage
- ERISA & HIPAA penalties
- IRC Tax
- Crime
- Discovery policy
- Employee theft and theft of customer’s property, social engineering, investigative expense
- Cyber coverages
- Enterprise security event and privacy regulation liability coverages
- First-party coverages include crisis management, fraud prevention and computer system extortion expense coverages
- Payment card industry fines and recertification, website media, data restoration, business interruption coverages
Applications/Documents
Tools
For insureds: Attorney panel finder tool
AXIS has carefully selected law firms with expertise in both employment and commercial/directors and officers litigation. AXIS insureds can access significantly discounted rates when working with these specialists.
Our approved service providers
Clients with AXIS Breach Response Insurance can receive payment for expenses related to data breaches. Please see the list of AXIS approved vendors who provide breach-related services to clients.
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
Related
What’s happening at AXIS
Related news and updates across the organization
Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
