Executive & Business Liability Insurance That Shields Your Leadership & Operations
Coverage for Lawsuits, Legal Defense & High-Risk Business Situations
Running a business involves risk, and sometimes, it's not about property or equipment-it's about legal decisions, client disputes, or employment-related claims. Executive & business liability insurance protects your leadership, finances, and reputation from lawsuits that could otherwise disrupt your company. We help businesses across Illinois, Michigan, Minnesota & Wisconsin find liability protection that covers their real risks.
What’s Typically Covered
This type of insurance helps protect your business, leadership, and employees from liability claims that aren't covered by general liability or property insurance. Common coverage areas include:
Directors & Officers (D&O) Liability
Covers business owners, board members, and officers if they're sued for decisions that negatively affect the company or its stakeholders. This includes claims of mismanagement, breach of fiduciary duty, or misuse of company funds.
Errors & Omissions (E&O) / Professional Liability
Protects businesses that provide advice or services-like consultants, real estate agents, financial advisors, or IT professionals-if a client claims your mistake or oversight caused them financial harm.
Employment Practices Liability Insurance (EPLI)
Covers defense costs and settlements related to claims of harassment, discrimination, wrongful termination, or other HR-related issues. Whether a claim is true or not, legal costs can be serious-this policy helps cover them.
Third-Party Liability
Extends EPLI-like protection to claims made by non-employees, like vendors, contractors, or customers, who allege discrimination or harassment.
Defense Costs & Legal Fees
All of these policies are designed to help cover legal defense costs, court fees, and settlements-even when the claims are groundless.
Add-Ons That Matter
Cyber Liability Coverage
While not always bundled, this coverage is often essential for businesses storing client data or using digital systems. It helps with the financial fallout of data breaches, ransomware attacks, or accidental info leaks.
Fiduciary Liability
Covers claims related to the management of employee benefit plans-like retirement or health benefits-especially helpful for companies offering 401(k)s or group health plans.
Crime & Fraud Coverage
Protects against losses caused by theft, fraud, embezzlement, or forgery committed by employees or third parties.
Blanket Endorsements
For growing teams or evolving operations, a blanket endorsement can extend coverage to newly hired executives or changing leadership without constantly updating your policy.
Three ways we help
We explain complex coverage in plain terms. These policies can be hard to navigate-so we make them simple and relevant to your industry.
We tailor protection based on your structure. Whether you're a sole proprietor, LLC, or multi-partner group, we adjust based on how you work.
We stay flexible as your business grows. Bringing on partners? Offering new services? We'll revisit your policy as you evolve.
Frequently Asked Questions
Does my business need D&O coverage if I don't have a formal board of directors?
Yes. Many business owners, managers, and executives can benefit from D&O coverage, even without a traditional board structure. If you make financial or strategic decisions, this coverage can protect you from related lawsuits.
How is E&O different from general liability insurance?
General liability covers physical injury or property damage. E&O covers claims related to mistakes or professional advice that cause financial harm, even without physical damage.
Is EPLI only necessary for large businesses?
No. Any business with employees can face workplace-related claims, regardless of size. EPLI can protect small businesses from costly employment-related lawsuits.
How much liability coverage do I need?
It depends on your industry, business size, and risk exposure. We'll work with you to assess your risks and recommend coverage limits that offer appropriate protection.
How do I combine multiple liability policies effectively?
We'll help you bundle or layer policies-such as D&O, E&O, EPLI, and cyber liability-to create a comprehensive protection plan that fits your operations and budget.
Leadership Comes with Risk-We'll Help You Cover It
You've worked hard to build your business. We'll help protect it from the unexpected with liability insurance that covers leadership risks, legal claims, and complex situations-so you can stay focused on running your company.