Management Liability Program


CCBA also offers a management liability program (also known as the Financial Services Program or FINPRO) tailored to the specific needs of the privately owned distributor.

Features of the Management Liability Program

shutterstock_162665936Directors & Officers Liability – specifically designed for the privately owned organization

  • Defense Costs provided for False Advertising Claims
  • Crisis Management Coverage as it relates to Product Recall and Product Tampering
  • No Anti-Trust Exclusion
  • No Family Exclusion
  • No Major Shareholder Exclusions
  • Streamlined application and underwriting process

Fiduciary Liability

  • Enhancements to be negotiated individually

Employment Practices Liability

  • Coverage for Sexual Harassment and Discrimination Claims brought by clients and vendors (Third -Party Coverage)
  • Additional $1,000,000 in Defense Costs Coverage in addition to the Limit of Liability
  • Expanded definition of Employee to include temporary, leased, independent contractors and seasonal employees

Crime

  • Client Coverage provided for theft of customers’ property by your Employees (Third-Party Coverage)

Kidnap and Ransom

  • Standard forms available

Services are available to all Beverage (alcoholic or nonalcoholic) distributors as well as our Members and can be purchased individually. Get more information.

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