Professional and Management Liability

Today, Professional and Management Liability exposures to loss are constantly evolving for private, non-profit & public companies. Court decisions and statutory regulations increase the risk of loss to all business entities. Your clients’ general liability policies specifically exclude exposures related to professional services, actions of directors and officers, violations of employment practices, mishandling of private and corporate information, as well as other specific operations not directly related to traditional bodily injury or property damage claims. Your clients are at increased risk of loss each day from liability issues associated with the services they provide to the public.

Our Professional and Management Liability specialists bring decades of experience analyzing exposures and creating successful insurance solutions. XS Brokers has partnered with leading carriers in the industry that demonstrate (1) solid financial strength with an AM Best rating of “A” or better; (2) broad coverage customized to fit your clients needs; (3) experienced claims handling; (4) knowledge of the latest trends and developments in professional and management liability; and (5) exceptional service and expertise.

Regardless of the risk, XS Brokers brings the experience necessary to analyze the exposures of your clients and offers coverage to custom fit their needs.

Professional Liability / E&O

A company has a Professional Liability/Errors & Omissions exposure if they expose their client to financial loss, resulting from negligence, personal injury and other wrongful acts in the performance or failure to perform professional services. Professional Liability coverage is designed to protect traditional professionals such as Architects & Engineers; Doctors; Lawyers; and Accountants. Errors & Omissions is typically associated with other industries that possess specialized knowledge, such as business consultants, computer programmers and similar professional service firms. The terms are often used interchangeably, however, coverage is designed to protect against the liability incurred resulting from an error or omission in the performance of professional services.

XS Brokers provides customized solutions for your clients Professional Liability needs.

Target Classes include:

  • Allied Medical
  • Architects & Engineers
  • Financial Services
  • Lawyers
  • Technology
  • All other classes – General
Management Liability / D&O

Directors and officers liability focuses on the liability a director, officer, member, president or similar “manager” has for the development and protection of a company’s direction, assets, employee information and day-to-day management. It is the responsibility of these leaders to act with unselfish loyalty to their corporation, and to make decisions that are in its best interest and the best interest of its shareholders – with no interest in personal gain. Owners, directors, officers and members alike face risking their personal assets due to claims arising from outside investors, employees, shareholders or third parties based on allegations of financial loss or other forms of injury in management of the company. Whether Public, Private or Non-profit, all companies have this exposure to loss.

Directors and officers liability, employment practices liability, fiduciary liability, and crime coverage can be purchased collectively or individually.

Employment Practices (EPLI)

Employment practices coverage protects an employer against claims brought against them made by employees, former employees, volunteers, independent contractors, potential employees, and other third parties alleging discrimination, wrongful termination of employment, sexual harassment, and other employment-related allegations.

The XS Brokers team has the experience necessary to analyze the exposures of your clients and offer coverage to custom fit their needs. If you are looking for a solution talk to XS Brokers. We can do it.

Fiduciary Liability

Fiduciary Liability coverage protects trustees, employers, fiduciaries, professional administrators and the plans themselves from claims arising out of errors or omissions in the administration of employee benefit plans as regulated by the Employee Retirement Income Act of 1974 (ERISA). Individuals who are required to administer and design pension, savings, profit-sharing, employee benefit and health/welfare plans are liable to the beneficiaries for any breach of their duties.

The XS Brokers team has the experience necessary to analyze the exposures of your clients and offer coverage to custom fit their needs. If you are looking for a solution talk to XS Brokers. We can do it.


Crime coverage can be a comprehensive program which typically provides several different types of coverage, including:

  • Employee Theft
  • Theft of Currency or Securities (from your premise or while in transit)
  • Forgery or Alteration
  • Computer Fraud
  • Electronic Funds Transfer Fraud
  • Money Order and Counterfeit Currency
  • Extortion
  • Loss to your client resulting from any of the above

The XS Brokers team has the experience necessary to analyze the exposures of your clients and offer coverage to custom fit their needs. If you are looking for a solution talk to XS Brokers. We can do it.

Security & Privacy

Security and privacy breach exposures affect businesses in every sector of the economy. The impact from a security or privacy breach can be costly and cause irreparable damage to a firm’s reputation. Security and privacy liability covers an insured for failure of computer network security, unauthorized system access, failure to protect personal or corporate information, and violations of state and regulatory privacy laws.

Timely response is vital once a breach has occurred. Costs associated with notification can be staggering as notification laws vary from state to state, and an insured must be compliant in each state in which they conduct business. Crisis management covers expenses associated with notification, public relations efforts, credit monitoring and attorney’s fees.

Cyber-extortion involves an attack or threat of an attack against an insured’s network. Cyber-extortion liability provides coverage for expenses incurred in response to a threat, including retaining a negotiator, the costs of forensics, and funds paid to an extortionist.

In today’s world, businesses are exposed to potential claims for copyright and trademark infringement, libel or negligence resulting from content on websites, email newsletters, blogs and social network sites such as Facebook. Media liability addresses these exposures and can be added to further broaden coverage.

XS Brokers has the expertise and experience to help you address these critical areas of concern. We provide solutions with coverage that can be tailored to your clients’ needs.