Overview of the Program From The McGowan Companies
The McGowan Companies, through MCGOWAN, DONNELLY & OBERHEU, LLC, offers a comprehensive Management Liability Insurance program designed to help agents and brokers place a wide range of executive and professional liability exposures. With access to a variety of carriers and broad underwriting capabilities, this program is built to serve both private and public entities across multiple industries.
Ideal Accounts and Appetite
This program targets a broad range of accounts, including but not limited to:
- Private and public companies seeking Directors & Officers (D&O) coverage
- Non-profit organizations and community associations
- Healthcare entities requiring specialized D&O solutions
- Financial institutions with complex fiduciary and regulatory exposures
- Employers looking for Employment Practices Liability coverage
- Entities needing excess and cyber liability protection
Example fit: You might have a mid-sized healthcare organization looking for a combination of EPLI, Fiduciary, and D&O coverage. Or a community association needing board protection and crime coverage. This program can accommodate those types of layered risks.
Coverage Highlights and Advantages
- Access to both primary and excess limits
- Products include D&O, EPLI, Fiduciary, Crime, Cyber, and more
- Solutions available for both admitted and non-admitted placements, depending on state
- Customizable coverage forms and endorsements to fit individual client needs
- Strong underwriting experience in placing difficult-to-place or layered liability risks
Underwriting Notes and Minimum Premiums
The program is underwritten by a variety of carriers, allowing flexibility and competitive positioning in the marketplace. While minimum premiums may vary, coverage is often accessible for a broad range of account sizes, from smaller private companies to larger public entities. Submission requirements may include financials, claims history, and completed applications depending on the line of coverage.
Territories and Availability
This program is available in most states, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY. Admitted status varies by state and line of coverage.
Why Work With The McGowan Companies on This Business
As a wholesale broker with deep expertise in management and professional liability, The McGowan Companies brings market access, underwriting insight, and responsive service to the table. Whether you’re placing a straightforward EPLI risk or a complex multi-line D&O package for a public company, their team can help you navigate the submission and placement process efficiently.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for private and public companies, non-profits, financial institutions, community associations, and healthcare organizations seeking D&O, EPLI, fiduciary, crime, cyber, or excess liability coverage.
Can I submit business in all states?
Yes, the program is available in most U.S. states. Admitted status may vary by state and line of coverage.
Which lines of coverage are included under Management Liability?
The program includes D&O (for private, public, non-profit, and healthcare), Employment Practices Liability, Fiduciary Liability, Crime, Cyber Liability, and Excess Liability.
Do you offer both primary and excess coverage options?
Yes, both primary and excess limits are available depending on the account and carrier appetite.
What carriers do you work with?
The McGowan Companies works with a variety of carriers to offer flexible and competitive solutions, tailored to each client’s risk profile.
Need help placing an account? Connect with a market specialist.