Management Liability

Directors and officers may be held personally liable for their actions and decisions due to a wide range of exposures.

Employers are currently facing an unprecedented amount of workplace challenges. These challenges evolve every day and expose them to a variety of employment related issues.

Competitive benefit programs are a must, Fiduciaries are liable for decisions they make as they navigate through the confines of ERISA.

Management Liability policies created by RSUI help protect the personal assets of insured persons and the assets of the insured organizations for which they serve.


RSUI offers Directors & Officers, Employment Practices, and Fiduciary Liability products for:

  • Non-Profit organizations
  • Public officials / public entities
  • Privately-held corporations
  • Publicly-traded corporations

Policies are written on a primary or excess basis.

Common risks we cover are as follows:


Non-Profit

  • All types of entities, both large and small, including: healthcare, educators, public officials and "program business"
  • Primary and Excess Limits: $20,000,000
  • Available with either a combined single aggregate limit of liability or separate aggregate limits for each coverage part

Private

  • Specialize in "tough to place" business that requires creative underwriting and expertise
  • No class restrictions; however, Banks and For-Profit Colleges/Universities are written on an excess-only basis
  • Primary Limits: $10,000,000
  • Excess Limits: $20,000,000
  • Available with either a combined single aggregate limit of liability or separate aggregate limits for each coverage part

Public

  • All market caps including many of the "Fortune 1000's"
  • Our Portfolio has a wide assortment of risks and includes "tough-to-place" accounts and those needing additional capacity
  • Mainly an Excess Player
  • Excess Limits: $20,000,000

Additional Information

  • We can offer Lead Side A DIC policy for organizations
  • We can offer a Portable Individual Side A D&O policy (PIDO)
  • We can offer "Top Heavy" excess limits on Non-Profit and Private Risks

Policies can be written on a primary or excess basis. Limits can be combined or written as separate aggregates.


Management:

‚ÄčKym Hadzick | Senior Vice President, Management Liability Manager

Kym currently serves as Senior Vice President and Manager of the Management Liability Department. She joined RSUI in 2007 and became the Private Company Manager in 2013. Prior to that, Kym held an underwriting position at Zurich North America in their Atlanta office. She is a graduate of Georgia State University with a degree in Risk Management and Insurance, an MBA in Risk Management and Finance, and holds the RPLU designation. She is actively involved in the PLUS organization and is currently on the committee for the Southeast Chapter and a board member for the PLUS Foundation.