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Management Tools & Resources


2011 was another record year for EEOC charges, with 99,947 charges being filed – retaliation remains the largest single source of charge activity at 37.4% of total charges.  

Source:  U.S. Equal Employment Opportunity Commission

Management and Professional Liability Statistic

overview

The Management & Professional Liability (MPL) Policy protects credit unions, directors and officers, volunteers and employees from lawsuits arising from errors, omissions, misleading statements and other management and services-related issues. Since even a small mistake can result in legal action, this new policy is flexible to fit each credit union's unique set of litigation exposures. The Management & Professional Liability Policy offers coverage for:

  • Management Liability
  • Fiduciary Liability
  • Professional Liability
  • Lender Liability
  • Employment Practices Liability
View the new MPL product sheet for the most recent policy enhancements and loss scenarios.
 
To learn more about our Management & Professional Liability offering, please contact us at 800.356.2644.

features

Because we focus on credit unions, we understand the array of complex risks and regulations that can impact your financial performance, operations and members.  So when you choose CUNA Mutual Group, you’ll have the confidence that comes with relying on one proven partner for all of your insurance needs.

Risk Management Solutions

  • Risk Assessment
  • Loss Prevention Tools
  • Risk Education Sessions
  • Industry-wide RISK Alerts

Loss Recovery Services

  • Specialized Litigation Experts
  • Case Management
  • Claims Resolution

Industry Commitment

  • Credit Union Advocacy
  • Industry Sponsorships & Initiatives
  • And, more than 75 years of collaboration

resources

For credit unions today, CUNA Mutual Group provides a more modern, flexible policy, Management & Professional Liability, or MPL. MPL offers broader coverage with important advantages that go beyond a typical insurance package for credit unions and their boards. It’s critical to have a policy like this today because it anticipates the risks brought on by an increased focus on corporate governance and changes in our economy, that have resulted in widespread financial stress.

Simply put, MPL is the broader, forward-looking policy designed to address current day realities, to better protect you today and tomorrow. View our MPL videos and stay a step ahead.

Special Insurance Package, D&O, EPL, ERISA, DVE, Director Volunteers Employees liability, Endorsements, Fiduciary Liability, CUSO DVE, Extension Endorsement, Entity Endorsement, Supplemental Entity Litigation, Lender Liability Policy, Discrimination, Sexu

Management Related Products

This brief summary highlights only some of the major coverage features. Coverage may vary or may not be available in some states. This summary is not a contract. No coverage is provided by this summary, nor does it replace any provisions of any policy. This summary does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether or not coverage exists for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy language. Please read the actual policy for specific coverage, terms, conditions, and exclusions. For general information, please contact our company Sales Executive. Insurance products offered to credit unions are underwritten by CUMIS Insurance Society, Inc., a member of CUNA Mutual Group.
CUP-0212-B7BC
2/28/12

Management and Professional Liability Contact Us

Man and Prof Liability Contact Us

Management and Professional Liability Contact Us

800.356.2644 or email
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