Professional and Management Liability
Your professional role and the business’s management risks need separate attention.
A receiver’s authority and insured status are separate questions.
A firm’s E&O may include receiver services; we examine the actual insured capacity, service definitions and exclusions. Business D&O requires its own analysis of insured people, management acts, investigations and reporting triggers.
Taking control does not produce the same result under every policy. Review insolvency, change-in-control, assignment, notice and runoff provisions against the actual event. Preserve potential rights under historical policies while arranging protection for ongoing work.
Useful starting records
Appointment order, full E&O and D&O programs, endorsements, applications, prior acts, claims history and relevant transactions.
Employee-benefit plan risks receive a distinct review: see Employee Benefit Plan Risk.