Management Liability

Aspera writes hard-to-place Directors and Officers, Employment Practices Liability, Fiduciary Liability, and School Board risks. We target risks that have been non-renewed, located in a difficult legal venue, have poor loss history, have unique operational characteristics, or that are new in business.

Target Classes

Directors & Officers Liability (D&O)

• Available for private companies and non-profits
• Cannabis
  • Cultivation
  • Dispensaries
  • Product manufacturers & others
  • Retail stores
• Liability coverage for executives, board members, the organization (and subsidiaries), employees, and more

Employment Practices Liability (EPL)

• Cannabis
  • Cultivation
  • Dispensaries
  • Product manufacturers & others
  • Retail stores
• Protection from financial damage associated with employment-related claims

Fiduciary Liability

• Protects Employee Retirement Income Security Risk Act (ERISA) exposures of fiduciaries from breach of duty in management of designated plans
• Includes the named organization (and subsidiaries), the sponsored plan, and other insured persons
• Extends to Employee Benefit Liability for acts, errors, and omissions associated with plan administration

Private Educational Institution (School Board)

• Eligible risks include K-12

Availability

• Arizona
• California [Lic. 0K86725]
• Colorado
• Florida
• Louisiana
• Maine
• Michigan
• Nevada
• Oregon
• South Carolina
• Texas
• Virginia
• Washington

Company Highlights

Here are a few services you can expect when working with us:

• Quick responses and quotes, often within 24 hours
• 12.5% commission on new and renewal commercial accounts
• 24-hour policy issuance
• Policies written through a non-admitted carrier with a financial strength rating of A (Excellent) by A.M. Best