Executive Protection
Insurance for Executive Protection Companies
Coverage designed for the unique risks of close protection, bodyguard services, and high-net-worth client security.
Executive protection companies operate in a specialized niche that carries distinct risk characteristics. Protecting high-profile individuals involves close physical proximity, travel across jurisdictions, potential confrontations, and the expectation of discretion that can complicate claims and legal proceedings.
Unique Risks in Executive Protection
Executive protection agents operate in unpredictable environments where the threat level can escalate rapidly. Close proximity to high-net-worth clients means any mistake can generate claims of extraordinary value.
Travel across state lines and international borders adds jurisdictional complexity. An incident in one state may be governed by different use-of-force standards than where your company is based.
Coverage We Recommend
- ●Professional liability with high limits for failure-to-protect claims
- ●General liability with personal injury for defamation and privacy claims
- ●Firearms liability if agents carry weapons
- ●Commercial auto covering armored and executive vehicles
- ●Umbrella liability at $10,000,000 or higher
- ●Cyber liability for client personal information protection
Client and Contract Requirements
Executive protection clients typically impose stringent insurance requirements. Minimum limits of $5,000,000 or more are common. Some clients require proof of firearms liability, kidnap and ransom, and professional liability before engaging your services.
Confidentiality clauses create additional insurance considerations. Claims from breach of client confidentiality may require specific professional liability coverage.