HUB Professional
& Executive Risk - ProEx
HUB Professional
& Executive Risk - ProEx
Protect your people, reputation and assets
Today’s organizations face many complex and emerging risks to their people, reputation, and assets. Astute business leaders also understand how crucial it is to protect the personal assets of executives, partners and board members. That’s why it is so important to have a team of specialists to advise you on your professional and personal liability risks.
The HUB ProEx Difference
The HUB ProEx Practice includes professional and executive liability specialists who will advise you on how to confidently navigate an ever-changing landscape and deliver comprehensive solutions to protect your organization’s people, reputation, and assets.
Using a unique combination of consulting, analytics and litigation support, HUB ProEx specialists help improve your risk and foster better risk financing decisions. The ProEx Practice also delivers a superior client experience that ensures you will be supported by specialists with deep expertise in complex risk management and insurance solutions.
Inclusive Service Model – HUB ProEx specialists provide a comprehensive range of services including analytics, litigation support and risk management services to clients of all sizes. Our senior-level account teams are committed to working with you every step of the way to ensure continuity of service.
Boundaryless Account Team – When it comes to addressing your unique challenges, there are no boundaries. Your HUB team will include local, national and international experts across our organization who are best suited to help you meet your goals based on your risk profile, geography, industry and size of business. Additionally, our local teams provide critical client service functions such as policy review and certificates of insurance.
Market Leverage of a “Top 5” Broker – With over $2 billion in ProEx premium with top-rated insurance carriers, our market leverage allows us to drive better results for clients, and to ease friction in claims and policy negotiations.
Claims & Legal Support – Our Claims & Legal Risks Group provides a multitude of services from pre-claim policy wording review to successful claim recovery and is staffed by attorneys who specialize in ProEx coverages.
Modeling & Analytics – HUB’s state-of-the-art modeling and analytics capabilities enhance traditional benchmarking by offering features including proprietary stochastic modeling, program efficiency analysis, and program structure analysis for a number of risk areas including professional liability, management liability and cyber, among others. For publicly traded companies, HUB’s client-tailored D&O modeling is at the forefront of the industry by incorporating an analysis of our clients’ Environmental, Social and Governance (ESG) risk as a key driver of D&O exposure and limit adequacy.
Aligned with HUB Industry Practices
Our experts are aligned with HUB’s industry practices, which enable our specialized brokers to proactively address new and evolving exposures.
ProEx Thought Leadership
Our ProEx specialists provide valuable industry updates and market intelligence that help you make informed decisions. Our clients receive white papers, webinars and event invitations on timely topics that impact business leaders across all industries.
ProEx Trends & Insights
Stay up-to-date on Professional & Executive Liability risks and how to mitigate them. Find articles and resources from HUB ProEx specialists to help guide your organization.
ProEx Coverages
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Executive Liability
Directors and Officers of organizations face significant, life-changing risks and exposures. Executive liability coverage provides protection for all aspects of your business.
Insurance coverages include:
- Directors & Officers Liability (D&O)
- Side-A Only Excess D&O (Side-A)
- Employment Practices Liability (EPL)
- Fiduciary Liability
- Employed Lawyers E&O (ELP)
- Crime / Fidelity
- Kidnap, Ransom, and Extortion (K&R)
- Workplace Violence (WPV)
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Professional Liability
Allegations of professional negligence and subsequent litigation can pose an existential threat to a professional services firm. Professional liability insurance offers protection against errors made when providing professional services to your clients and is available for a wide range of professionals.
Insurance coverages include:
- Miscellaneous Professional Liability (MPL)
- Lawyers Professional Liability (LPL)
- Architects & Engineers Professional (A&E)
- Contractors Professional Liability (CPL)
- Accountants Professional Liability (APL)
- Educators Legal Liability (ELL)
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Cyber, Technology E&O, and Intellectual Property
There is perhaps no greater reputational threat today than a successful – and very public – cyber-attack and the negative publicity that ensues. Cyber Liability insurance goes beyond coverage for cyber extortion and can include business interruption loss, event response expenses, intellectual property protection, and media liability. This coverage is highly customized to meet the unique level of cyber risk in your business.
Insurance coverages include:
- 1st & 3rd Party Cyber Liability
- Cyber Business Interruption
- Event Response Expenses
- Cyber Extortion / Ransomware
- Media Liability
- Technology Professional Liability / E&O
- Intellectual Property Protection
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Financial Sponsor and Transactional Risk
A successful merger or acquisition can lead to unprecedented growth for a company, but an unsuccessful transaction can set it back years. Financial Sponsor and Transactional risk insurance protects your business from risks related to M&A transactions.
Insurance coverages include:
- General Partnership Liability
- PE / VC Portfolio Company Programs
- Family Office Management & Professional
- Real Estate Investment Funds / Trusts
- Representations & Warranties (R&W)
- Tax Indemnity
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Financial Institutions
Banks, investment firms, insurance companies and asset managers depend on trust to acquire and retain business. They also face more regulatory oversight than most businesses. Executive Liability insurance properly aligned with Professional Liability including Bankers & Lenders, Investment Advisors, Broker/Dealer, Investment Banking, Mutual Fund, and Insurance Company Professional Liability offer enhanced protection for financial institution staff and leadership.
Insurance coverages include:
- Bankers & Lenders Professional
- Investment Advisors Professional
- Broker/Dealer Professional
- Investment Banking Professional
- Mutual Fund Professional
- Insurance Company Professional
- Financial Institution Bonds