Westfield unveils management liability suite
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Westfield Specialty, a unit of Westfield Insurance Co., on Monday launched a suite of management liability coverages for public, private and nonprofit organizations.
Coverage is available on an admitted and surplus lines basis, and includes public company primary directors and officers liability, lead side-A difference in conditions, excess liability and primary fiduciary liability.
An employment practices liability coverage, a private/nonprofit policy including D&O, and an employment practices, fiduciary and crime coverage are also in the works, Westfield said.
Up to $25 million in limits is available for each coverage, a Westfield spokeswoman said.
Launched in July 2021, Westfield Specialty is led by Jack Kuhn, former CEO of global insurance at Sompo International Holdings Ltd.
