Management Liability Insurance

A company’s money and property can be attractive targets for theft. Travelers Commercial Crime Insurance protects a company and its clients against direct losses caused by the forgery or theft of money, securities or property by an employee or third party.

Why Is Commercial Crime Insurance Needed?

Historically, there have been many cases of employees stealing large sums of money from their employers through fraudulent activity, such as by generating fake invoices or manipulating expense procedures. Even the best internal controls can fall short of stopping a trusted employee from engaging in fraud. In fact, employees often know best how to circumvent such controls. 

Buying Commercial Crime Insurance with Travelers

Travelers offers commercial crime insurance through our online management liability platform (MLP). The Travelers MLP helps you secure coverage for your customers easily and quickly. It’s a bespoke online system that allows you to indicate, quote, bind and issue policy documentation from anywhere you can access the internet. 

To log in or register with our management liability platform, click here.

The directors and officers of a company have specific duties, responsibilities and powers associated with their positions. If they are found to have acted outside of their job description or terms of reference, or if they have been negligent, they may be charged with civil, criminal or regulatory penalties.

When a party alleges the directors and officers of a company committed wrongful acts such as breach of trust, breach of duty, neglect or error, directors’ and officers’ liability insurance can protect against those claims. The insurance covers the costs of defence, settlements and judgments associated with claims alleging a wrongful act.

Why Your Customers May Need Directors’ and Officers’ Insurance

The costs of fighting a claim against directors and officers can debilitate a company financially. Additionally, claims made against directors and officers may put their personal assets at risk. Further, the claims can distract the directors and officers from performing their day-to-day activities, to the potential detriment of the company.

Buying Directors’ and Officers’ Liability Insurance with Travelers

Travelers offers broad, flexible directors’ and officers’ insurance through our online management liability platform (MLP). The Travelers MLP helps you secure coverage for your customers easily and quickly. It’s a bespoke online system that allows you to indicate, quote, bind and issue policy documentation from anywhere you can access the internet. 

To log in or register with our management liability platform, click here. 

When a company’s workers claim their legal rights as employees have been violated, employment practices liability insurance can protect against resulting litigation, including claims of sexual harassment, discrimination and wrongful termination. 

A breach of employment law can have a great financial impact on a company. Travelers’ Employment Practices Liability Insurance is designed to protect both a company and its employees when they must answer to allegations an employee’s rights were violated. The insurance covers the cost of defence, settlements and judgments associated with claims.

Why Your Customers May Need Employment Practices Liability Insurance

Employee litigation is on the rise. No company is immune to it and the costs of defending employee claims can devastate a business. There is no limit to the maximum sum that can be awarded to an employee claiming discrimination and harassment, so the balance-sheet protection provided by an employment practices liability insurance policy is invaluable.

Buying Employment Practices Liability Insurance with Travelers

Travelers offers broad, flexible employment practices liability insurance through our online management liability platform (MLP). The Travelers MLP helps you secure coverage for your customers easily and quickly. It’s a bespoke online system that allows you to indicate, quote, bind and issue policy documentation from anywhere you can access the internet. 

To log in or register with our management liability platform, click here. 

Any organisation that operates an occupational pension plan - whether it’s a private company, not-for-profit, partnership or insurance broker - may be exposed to liabilities. Travelers’ Pension Trustees’ Liability Insurance is designed to protect pension trustees when beneficiaries allege the trustees breached their duty, causing financial losses. The insurance covers the costs of defence, damages, judgments, settlements and awards associated with claims alleging wrongful conduct.

Why Your Customers May Need Pension Trustees’ Liability Insurance

In the past 20 years, the duties of pension trustees have become more onerous. Significant personal liabilities can fall upon individuals performing the trustee role out of good will. Pension scheme rules are complicated, the law changes frequently and investment performance across the sector has led to the severe underfunding of many schemes. Underfunding creates a fertile environment for disgruntled beneficiaries to claim against pension trustees. Many pension fund boards have decided to change the benefits of their schemes in order to adapt to the financial climate, which has made administration all the more complex.

Buying Pension Trustees’ Liability Insurance with Travelers

Travelers offers broad, flexible pension trustees’ liability insurance through our online management liability platform (MLP). The Travelers MLP helps you secure coverage for your customers easily and quickly. It’s a bespoke online system that allows you to indicate, quote, bind and issue policy documentation from anywhere you can access the internet. 

To log in or register with our management liability platform, click here.