Management Liability

Suresh EllawalaManaging Director, Management Liability T. +44 (0) 203 984 4261 The Minster Building 21 Mincing Lane London EC3R 7AGContact & More Info

Our current book covers a wide variety of industries, from life sciences to manufacturing and ranges from single layer placements for private enterprises to large, multi-layer, multi-territory placements for multi-listed corporations with active claims on them.

We negotiate and place risks in territories ranging from North America, Latin America, through UK, Europe, the Middle East, Asia and Australia. Our team works closely with the Financial Institutions, Professional Liability and Cyber Liability teams in order to provide a full range of financial lines insurance solutions for clients.

Our attitude is that a risk is not simply about renewal, especially in today’s market. It is about constant thought, updates and strategy. We believe in productive relationships between carrier, intermediary and insured in order to drive the best outcomes for the insurance buyer.

The Management Liability team has extensive experience in placement, production and relationship building. We are supported by a highly experienced and knowledgeable claims team, who deal with complex matters for clients on a continuous basis. The ML team is led by a former senior underwriter and regulatory/securities lawyer, which brings valuable experience on what motivates markets in these challenging times. We provide:

  • Placement in global markets, with a deep knowledge of London, Bermuda and international carriers;
  • In-depth coverage analysis and knowledge;
  • Client advisory and risk management services;
  • Up-to-date knowledge of markets, claims and industry trends

Recent successes

  • Bespoke coverage for European directors of a Far East based manufacturer
  • Programme for a large biotech going through US commercialisation
  • New programme for US utility emerging from bankruptcy
  • Selection to place a large London IPO

Target client sectors

  • We serve all industries, except for financial institutions, served by our specialist FI practice.

Key product coverages

  • Directors & Officers insurance
  • Public Offerings of Securities Insurance
  • Employment Practices Liability insurance
  • Crime insurance
  • Fiduciary Liability (Pension Trust Liability)
  • Primary and excess limits from a few million to hundreds of million

Proprietary coverage solutions

  • Cryptocurrency
  • Cannabis, Psychedelics & other emerging therapies
  • Directors’ indemnification advice
  • Initial Public Offerings
  • Public and private corporate transactions, including acquisitions, disposals and buy-outs

Areas of opportunity

  • Cross Class Binding Authorities
  • Volume Scheme Solutions
  • Placements for Large International Organisations
  • Large Open Market Placements

Geographical split of risk location and placement location

  • Worldwide