WHAT IS MANAGEMENT LIABILITY INSURANCE?

Management Liability Insurance protects you and your company against the risks and exposures of running your business.  It is not the same as Professional Indemnity.
Professional Indemnity covers the activities or services provided by the company, Management Liability Insurance focuses on the act of running the company.

Example areas include theft, employee claims, OH&S, compliance – very broad. So talk to us.

NEW OR REVIEW?

We assess whether Management Liability provides a net benefit for your business, or we can check what you may already have in place.  Delivering one of the following outcomes:

Keep your Existing Policy/Provider with the Existing Cover.
Keep your Existing Policy/Provider and Revise the Existing Cover.
Change your Existing Policy/Provider with the Existing Cover.
Change your Existing Policy/Provider and Revise the Existing Cover.

HOW MUCH DOES MANAGEMENT LIABILITY INSURANCE COST?

It really depends. Actions against or sustained that are generally covered include:

  • Directors & Officers liability
  • Company reimbursement & liability
  • Employment practice liability
  • Trustee liability
  • Fidelity
  • Business crisis consultant fees
  • Representation costs in respect of an occupational health & safety investigation
  • Direct Financial Loss