Executive Liability

Today’s executive liability environment is not only local; it’s national and global in scope

Management teams looking to grow in the current economic environment have to stretch talents and resources of the company – often to include business activities overseas. Expanding their range of products and services most often requires taking on additional risk. Even their existing lines of products and services face a complex web of state and federal regulations, as well as legal issues that seek to protect customers as well as employees. Certain activities can even hold the executive personally liable despite the role being specific to acting on behalf of the company.

EC&S has channeled resources and energy into supporting our clients’ needs for the type of specialzed products and services required by owners and executive teams. The process starts with understanding your business and where your company is headed. For example, fast growth companies heading for an IPO have a different risk profile than a company seeking stable growth and internal perpetuation. We then provide a detailed analysis of your existing insurance and risk management program to identify gaps and make recommendations for solutions. Importantly, we find that “off the shelf” products offered by insurance companies often provide a good starting point but not the required end product. The EC&S team actively negotiates to tailor terms and conditions while obtaining competitive pricing. The following products fall within the scope of Executive Liability:

  • Directors & Officers Liability
  • Employee Fidelity (Crime) coverage including theft alleged by your customers and fraud or theft by computer
  • Employment Practices Liability
  • Fiduciary Liability
  • Professional Liability


I would like to express gratitude on behalf of myself and the Institutional Network Communications (“INC”)’s management team, to Early, Cassidy & Schilling, LLC for the tireless efforts in securing a bond for our statewide telecommunications contract with the State of Tennessee. It is the largest contract in our company’s history. INC has been an EC&S customer for 10 years. EC&S has never failed to deliver a bond, but this situation posed huge obstacles due to the length of the contract. EC&S reached out to numerous surety companies and was told no several times but had success at the end of the day. INC just finished the first year of this contract and that year was a huge success. Thanks again to all the key personnel at EC&S for your clutch performance.

Rick Nunn, Owner Institutional Network Communications March 9, 2014