Kinsale Insurance recently announced the availability of its private company/organization directors and officers product.
To be administered through the Kinsale Management Liability Team, coverage can be provided on a standalone basis or packaged with its employment practices liability and fiduciary liability policies. Coverage is written and non-admitted on a claims-made and reported coverage form, with up to a $5 million limit on a primary basis.
Additional coverage options are available for executive limits, crisis management response, derivative demand costs, punitive damages, and others.
Kinsale management liability division manager Greg Call said, “Even in what could be described as a crowded marketplace, there are always hard-to-place accounts needing a solution.”
The division specifically targets hard-to-place or distressed accounts which suffer from a poor loss history, challenged financials, or operate in risky industries. Kinsale targets classes in construction, consulting firms, property management, and transportation, among others.
Kinsale is eligible in all states and specializes in coverage for small to medium accounts. It distributes through specifically authorized surplus lines brokers.
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