Management liability insurance

{
  "id": "MLC-T-INS-002112",
  "term": "Management liability insurance",
  "field": "Insurance and risk management",
  "definition": "A broad category of insurance that protects companies and their directors, officers, and managers from claims arising from their management decisions and actions. It typically includes Directors and Officers (D&O) liability, Employment Practices Liability (EPL), and Fiduciary Liability insurance. This coverage addresses financial losses from lawsuits alleging wrongful acts, such as breach of duty, mismanagement, or employment-related offenses.",
  "subject": "Employment Practices Liability",
  "url": "https://mlchart.com/terminology/insurance/management-liability-insurance/"
}