D&O & EPLI Insurance in Tennessee

Leadership and Employment Claims Can Put Personal Assets at Risk

Leadership and employment claims can quickly turn into costly lawsuits that put both business and personal assets at risk. D&O (Directors & Officers) and EPLI (Employment Practices Liability Insurance) protect organizations and leadership from claims tied to management decisions and employment-related issues such as wrongful termination, discrimination, or harassment. These coverages are often purchased together as management liability insurance, especially for growing businesses, nonprofits, and organizations with boards or employees. Having the right management liability coverage helps attract qualified leaders, protect decision-makers, and ensure one claim doesn’t disrupt the organization’s future.

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What D&O Insurance Covers: Protection for Leadership Decisions

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Breach of Fiduciary Duty

Covers claims alleging leaders failed to act in the best interests of the organization or its stakeholders.

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Mismanagement or Poor Decisions

Protects directors and officers against lawsuits tied to strategic, financial, or operational decisions that result in alleged harm.

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Failure to Disclose Information

Covers claims related to inaccurate, misleading, or incomplete disclosures made to investors, regulators, or stakeholders.

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What EPLI Covers: Employment-Related Claims

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Wrongful Termination

Covers claims alleging an employee was improperly or unlawfully terminated.

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Discrimination or Harassment

Protects against claims involving discrimination or harassment based on protected characteristics.

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Retaliation

Covers allegations that an employee was punished for reporting misconduct or exercising workplace rights.

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Failure to Promote or Hire

Protects against claims that hiring or promotion decisions were unfair, biased, or discriminatory.

Common Use Cases

These policies are especially important for:New Paragraph

  • Business type and revenue: Insurers assess your industry and annual revenue to understand your overall exposure and likelihood of a cyber claim.

  • Amount and type of data stored: The volume and sensitivity of customer or employee data you store directly affect risk and pricing.

  • Security practices (backups, controls, vendors): Carriers evaluate your cybersecurity measures, including backups, access controls, and third-party vendor management.

  • Covers organizations with volunteers or leadership committees facing claims related to oversight or management actions.

Managing Growth in the Nashville Metro

As businesses expand across Hendersonville, Nashville, and surrounding areas, employment and leadership exposure grows. Management liability insurance helps protect decision-makers and the organization itself.

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D&O & EPLI Insurance FAQs

  • Are D&O and EPLI insurance required in Tennessee?

    They’re not legally required, but many organizations carry them to protect leadership and meet board, investor, or contract expectations.

  • Does D&O insurance protect individual directors and officers personally?

    Yes, D&O insurance helps protect personal assets of directors and officers when they’re named in management-related lawsuits.

  • Is EPLI only for large companies?

    No, EPLI is important for businesses of any size once you have employees, volunteers, or leadership involved in employment decisions.

  • Can D&O and EPLI be combined into one policy?

    Yes, they’re often bundled together as management liability insurance for more efficient and coordinated protection.

Not Sure Which Management Coverage You Need?

We’ll explain your options and help you choose with confidence.

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Protect Leadership, Protect the Organization

D&O and EPLI insurance help safeguard your leadership team and your mission from costly claims. Get the right management liability coverage from The Bill Yon Agency.