Management Liability
Private company management liability.
D&O, Employment Practices, Fiduciary, Crime, and Excess Management Liability for privately held companies, written exclusively through wholesale brokers.
Wholesale only
Exclusive distribution channel
Nationwide
Available across the U.S.
24 hours
Quote turnaround on complete submissions
Appetite at a glance
- Coverages
- Directors & Officers, Employment Practices, Fiduciary, Fidelity and Crime, Excess Management Liability. Stand-alone or shared limits. Crime written on a primary basis only.
- Target accounts
- Private companies with up to $1 billion in assets or revenue or up to 1,000 employees.
- Limits
- $1 million to $5 million in the aggregate.
- Geography
- Nationwide.
- Carrier
- Ascendex Private Management Liability is written on ISMIE Indemnity Company.
- Excluded classes
- Marijuana, crypto, tobacco, adult entertainment, themed or escort services, not-for-profits, country clubs, publicly traded companies, financial institutions including mortgage companies, government agencies, drug and rehab facilities, auto dealers, biotech, companies in bankruptcy.
What brokers can expect
Wholesale-only distribution
We work exclusively with wholesale brokers.
24-hour quote turnaround
Fast, consistent response on every complete submission.
Clear communication
You know where every submission stands, and why.
Management Liability Leaders
John Passaro
EVP, Head of Management Liability
More than 35 years leading management and professional liability underwriting and distribution, known for disciplined execution and long-standing wholesale relationships.
Shane Dantuono
Underwriter, Management Liability · Dallas
Private company management liability underwriting, with experience growing a disciplined D&O book and a responsive, broker-first approach to every submission.
“Wholesale brokers need speed to market, coverage clarity, and consistent follow-through.”
John PassaroEVP, Head of Management Liability
Why Ascendex
Ascendex Underwriters is a specialty MGU serving the commercial specialty market and builds its underwriting technology to the specification of each program and how underwriters evaluate risk, creating a customized underwriting model that is more efficient and enhanced.
Built for performance. Structured for scale. Aligned for impact.
Broker FAQ
- Who can submit to Ascendex Private Management Liability?
- Appointed wholesale brokers. Retail agents can access the program through their wholesale partner.
- What coverages can I place?
- Directors & Officers, Employment Practices, Fiduciary, Fidelity and Crime, and Excess Management Liability, written stand-alone or on a shared limit. Crime is written on a primary basis only.
- What size companies fit the appetite?
- Private companies with up to $1 billion in assets or revenue or up to 1,000 employees. Publicly traded companies are excluded.
- What limits are available?
- $1 million to $5 million in the aggregate.
- Who is the carrier?
- Ascendex Private Management Liability is written on ISMIE Indemnity Company, a wholly owned subsidiary of ISMIE Mutual Insurance Company, rated A- (Excellent), Financial Size Category X, by AM Best. Policies are available with effective dates as of December 1, 2026.
- How fast will I get a quote?
- Within 24 hours of a complete submission.
- How do I send a submission?
- Email mlsubmit@ascendexuw.com.
Place management liability with Ascendex.
Send your next private company submission to mlsubmit@ascendexuw.com.