Alliance Risk vs Beazley Management Liability Insurance

Alliance Risk is a brokerage. For management liability, it advises clients on whether to buy directors and officers (D&O), employment practices liability (EPLI) and fiduciary liability as a single packaged program or as standalone policies. ³Company-reported. Dedicated management-liability page, accessed 2026-09-23.

Beazley markets ExecuGuard as a single management-liability package policy combining private-company directors and officers (D&O), employment practices and fiduciary liability, which buyers can customize with separate or shared limits across the three coverages. ⁶Company-reported. US ExecuGuard package as described on the combined product page. Beazley does not market a separate US "management liability" product distinct from ExecuGuard in the reviewed sources; this record describes the same underlying product as the directors-officers, employment-practices and fiduciary offering records, at the bundle level.

The management liability page does not name the underwriting insurer or insurers behind a packaged program. As a brokerage, Alliance Risk places the coverage with third-party carriers that vary by client. ³Not publicly disclosed. Dedicated page, accessed 2026-09-23; no insurer or carrier list disclosed.

The ExecuGuard page does not name the specific Beazley insurance entity that issues the policy. Both admitted and non-admitted versions are advertised, so the issuing carrier and its admitted status depend on the policy placed. ⁶Not found in reviewed sources. ExecuGuard page as read on 2026-09-23; the issued policy's declarations control the actual insurer.

Alliance Risk recommends turning on each line at a specific trigger: D&O at the company's first priced financing round, EPLI once headcount grows into double digits, and fiduciary liability when a benefits plan such as a 401(k) launches. ³Company-reported. "How to structure the program as you scale" section, aimed at venture-backed companies.

ExecuGuard is marketed to private organizations rather than public companies. Beazley's separate D&O, EPL and fiduciary product pages describe more specific eligibility details for each individual coverage that are not restated on the combined ExecuGuard page itself. ⁶Company-reported. ExecuGuard page as a package; component-level eligibility (e.g. EPL's employee-count guidance) is documented in the corresponding single-line offering records, not this one.

Alliance Risk describes three core lines inside a management liability program: D&O, EPLI and fiduciary liability, with commercial crime as a common fourth line added to the same program. ³Company-reported. Dedicated page; each core line links out to Alliance Risk's separate line-specific pages for more detail.

Alliance Risk says entry-level packaged programs often share a single aggregate limit across D&O, EPLI and fiduciary, so a large claim on one line can reduce what is left for another line the same policy period. It says a specialist broker can structure shared versus separate limits to avoid that. ³Company-reported. "The shared limit problem" section of the dedicated page.

Beazley lists coverage features shared across the bundle: broad insured-person investigation and inquiry coverage, books-and-records coverage, workplace-violence coverage with a business-interruption sublimit, and privacy-violation coverage affecting employees. ⁶Company-reported. ExecuGuard product page feature list; exclusions and conditions are set by the issued policy.

The combined policy adds sublimited extensions for immigration-practices defense costs, OSHA proceedings and (subject to underwriting) wage-and-hour defense costs, plus settlor-capacity protection now written into the fiduciary insuring clauses. ⁶Company-reported. ExecuGuard product page; sublimit amounts are not published and appear only on a quote.

Alliance Risk publishes indicative annual premium ranges for the packaged program: roughly $5,000-$15,000 at seed (D&O plus EPLI), $15,000-$50,000 at Series A/B (D&O, EPLI and fiduciary), and $50,000-plus at late stage or pre-IPO. It does not publish specific dollar coverage limits or retentions for each stage; those come with a quote. ³Company-reported. "What the package costs by stage" table, described as indicative for venture-backed companies.

Beazley advertises combined ExecuGuard limits up to US $20 million, which the buyer can structure as separate limits per coverage or a single shared limit across D&O, EPL and fiduciary. ⁶Company-reported. Advertised maximum capacity, not a guaranteed quote amount.

Not described in the reviewed sources.

ExecuGuard policyholders can choose counsel from an approved panel and get access to BeazleySure risk-management resources. The combined page does not list specific tools. ⁶Company-reported. ExecuGuard product page; the EPL and fiduciary offering records list the specific BeazleySure features named on their own pages.

You apply for management liability by scheduling a consultation with an Alliance Risk advisor, who recommends a packaged program or a standalone approach based on your stage, board composition and financing history. ³Company-reported. Closing call-to-action on the dedicated page.

The ExecuGuard page does not describe a self-service online quoting flow; it lists named Executive Risk underwriters by region as broker/buyer contacts instead. ⁶Company-reported. ExecuGuard product page team listing as read on 2026-09-23.

Alliance Risk says that when one event triggers more than one management-liability line, such as an executive's exit that produces both an EPLI charge and a D&O suit against the board, a single packaged program puts one carrier and one defense team on both threads instead of separate insurers disputing which one leads. ³Company-reported. "One event, two policies" section, illustrated with three placement examples Alliance Risk says it has handled.

Beazley illustrates its claims approach for the bundle with a securities class-action and shareholder derivative-action scenario in which its claims team worked with the insured's defense counsel toward a dismissal; this is a single company-reported example, not audited claims-outcome data. ⁶Company-reported. ExecuGuard page scenario section; outcome statistics are not independently verified.