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Forefront Management Liability
Why Chubb Forefront?
Decisions made by the boards of private companies are not immune from public scrutiny. Security holders, employees, customers, suppliers, competitors, and even the government can take an action against a privately owned company and its board of directors. Additionally, as leaders of the company, the directors and officers can be found personally liable for their management decisions.
ForeFront is designed to specifically meet the needs of today’s private company, providing flexible coverage that helps protect both the organisation and the personal assets of its directors and officers.
What does it cover?
- Directors and officers liability any one claim limit of liability up to £5m Employment practices liability any one claim limit of liability of £250,000 (client can choose an increased limit up to £5m for an additional premium)
- Corporate legal liability any one claim limit of liability of 50% of the chosen directors and officers limit (client can choose an increased limit up to £5m for an additional premium)
- Pension scheme and benefit plan liability any one claim limit of liability of £25,000 (client can choose an increased limit up to £5m for an additional premium)
- Employee crime automatic limit of liability of £25,000 in each policy period (client can choose an increased limit up to £5m for an additional premium)
- Kidnap, ransom & extortion expenses automatic limit of liability of £25,000 in each policy period (client can choose an increased limit up to £5m for an additional premium)
- Cyber liability & incident response expenses automatic limit of liability of £25,000 in each policy period (higher limits are available with our standalone Cyber ERM policy).
Resources
Claims Procedure and Certified Legal Vendors
This document explains what to do if you need to make a claim under the Chubb ForeFront Management Liability Policy.
ForeFront on Ignite Factsheet
ForeFront is Chubb’s management liability product that has been specifically tailored to meet the individual needs of private companies, their directors and management teams.