Executive Risk Insurance for Veterinarians

There are risks associated with every business, no matter what the field. While insurance policies can help keep your veterinary practice covered under many different circumstances, your business will always have some executive risk.

Executive risk is difficult to determine because its many facets involve your decision-making, supervision, direction, and employee interactions. Executive risk is too complicated for standard policies to cover, but when you have employees, you need that coverage if they become exposed to these risks.

legal pic small

Employment Practices Liability (EPL)

The costs associated with employment practice-related claims can be staggering and are on the rise. Employers may face a number of claims and lawsuits over wrongful termination, discrimination, workplace harassment and retaliation. And a business owner doesn’t even have to be in the wrong to be sued. The right insurance to cover defense costs and damages related to various employment-related claims can be critically important to help protect business assets.

400x300 Data Breach and Cyber Liability

Data Breach and Cyber Liability

When you run a small business, you face many physical risks, like property damage and injuries. But your business also faces risks that come from using technology. These include everything from data breaches to hacking.

To protect against those risks, many businesses add cyber insurance to their business insurance policies. Cyber insurance can offer broad coverages to help protect businesses from various technology-related risks. At Vetinsure, we offer two different cyber insurance policies: cyber liability insurance and data breach insurance.

board picture

Directors and Officers

Directors & Officers (D&O) Liability insurance is designed to protect the people who serve as directors or officers of a company from personal losses if they are sued by the organization’s employees, vendors, customers, or other parties. D&O insurance can cover defense costs, settlements, and other costs associated with wrongful act allegations and lawsuits. Directors & Officers insurance is an important aspect of a corporate risk management strategy and can help your company attract and retain qualified executives and board members.



Though the practice is generally associated with generosity, veterinary practices are not devoid of crime. Crime happens in every business and can stem from a lack of security to employee dishonesty. Many crimes can be avoided by conducting proper background checks on all employees to minimize your company’s risk.

It would be best to regularly make money deposits to prevent collecting a large amount of money at your location that a dishonest person may be tempted to skim from on occasion. As a medical facility, your veterinary practice may be more susceptible to crime, as some criminals may want access to drugs in your facility.


Kidnap and Ransom

While it is unlikely, unless you have a widely known veterinary clinic and are operating overseas, kidnapping, ransom, and extortion are all real business concerns. This specific type of coverage can help protect your practice from threats against you or your employees. You might also gain access to risk management protocols to lessen the chance of extortion.

Vetinsure Helps You Find Coverage

When you begin your practice, there is a lot of ground to cover to ensure that you and your business have all of the insurance that you will need. To speak with an advisor about other coverage that you may need to add to your policy, contact Vetinsure. A representative can help you find everything from a foundational policy to one that covers executive risk. To help insure your practice against certain liability risks, check out our professional liability insurance for veterinarians

Vetinsure is a veterinarian-focused company that seeks to save you money on your insurance policy while getting you coverage that matches the needs of for your business. Call Vetinsure today at 800-272-1249 to speak to our knowledgeable staff and begin your business’s new executive risk policy.