What is Management Liability Excess Insurance?
Management Liability Excess sits atop financial lines insurance coverages. It provides increased insurance coverage for Directors and Officers (D&O) liability, employment practices liability, fiduciary liability, errors and omissions liability, and other management and professional liability coverages.
Why does your business need Excess Edge® coverage?
Depending on the nature of your primary management liability insurance policy, Excess Edge provides an easy solution for those that seek additional coverage.
What does Excess Edge cover?
Excess Edge provides true follow-form coverage. It can sit atop one or several financial lines insurances coverages (dependent on the nature of the primary policy) – including D&O liability, employment practices liability, fiduciary liability, errors and omissions liability, and other management and professional liability coverages.
The AIG Advantage
- Claims - Excess Edge comes with access to AIG’s world-renowned claims team, widely recognized as a leader in the industry for its expertise and experience in managing complex claims and litigation.
- Underwriting - State-of-the-market recognition of erosion language, built into the insuring clause. Expressly recognizing payments made “in the place of” underlying insurers, facilitating access to the Excess Edge layer.
- Adaptability - Easy to ensure terms match the followed form as issued with no endorsements needed to confirm post-issuance changes.