Management and Professional Liability Insurance | Travelers Insurance (2024)

CyberRisk insurance

CyberRisk insurance is designed to help cover the costs associated with a cyber event or a security breach, including costs for forensic investigations, legal expenses and regulatory defense expenses and fines.

D&O liability insurance helps cover defense costs, awards and settlements arising out of an actual or alleged wrongful act, including lawsuits brought against an organization’s board of directors and/or officers.

Employment practices liability insurance

This liability insurance provides coverage to help address defense costs and damages related to employment-related claims, including allegations of wrongful termination, discrimination, workplace harassment and retaliation.

ERISA fidelity insurance

This insurance helps cover an employee benefit plan against losses caused by acts of fraud or dishonesty such as theft, embezzlement or forgery.

E&O insurance helps protect businesses and individuals against allegations of inadequate work or negligent actions.

This coverage helps protect against losses due to employee dishonesty, credit card forgery, computer fraud and theft, and the disappearance or destruction of property.

Fiduciary liability insurance

This liability insurance helps cover breaches for those involved in the management of a company-sponsored employee retirement or health plan.

Financial institutions bond

This coverage is designed to protect against the actions of dishonest employees, protecting a financial institution’s balance sheet, assets and stakeholders’ investments.

Identity fraud expense reimbursem*nt insurance

This coverage helps provide for the financial and time-related costs you, your employees or members may incur when someone uses stolen personal information to commit a crime or fraud in your/their name.

This insurance typically covers payments to kidnappers or extortionists, loss of ransom in transit and other expenses incurred as a result of a kidnapping.

This coverage can help protect a nonprofit organization’s mission and vision when allegations of wrongful acts are brought against the organization and its directors and officers.

Professional liability insurance for financial institutions

This coverage is designed to protect all types of financial institutions and their directors, officers and employees from claims relating to the rendering of professional services.

This insurance helps cover the real and personal property that your financial institution owns, as well as the liabilities related to your operations.

CYBER AWARE

Travelers Cyber Risk Bulletin

Cybercriminals are testing your defenses, searching for weaknesses. Their goal is to compromise your network, wipe out your backups and encrypt your systems and data. Are you ready?

Access all management and professional liability applications, as well as the surety bond forms library.

Nonprofit Pressure Test

Learn where your nonprofit organization may be vulnerable and ways to help combat risk. Take our 18-step questionnaire to find out.

Product and Services Liability Tips & Resources

Two Types of Liability

Product liability can generally be broken down into two types of liability: negligence and strict liability. Learn more to help protect your company from liability risk.

Business Continuity Resources

Business Risk Assessment

Performing a business risk assessment can help you be prepared for threats to your business.

Business Continuity Resources

What Is Contractual Risk Transfer?

Making sure you're not held responsible for mistakes or errors made by a service provider, subcontractor or other party can be critical to protecting your business.

Tailor coverage to address the risks to your business.