MANAGEMENT LIABILITY

Management Liability Insurance policies cover the following:

Directors & Officers Liability Coverage
Employment Practices Liability Coverage
Employee Dishonesty Coverage
Statutory Liability Coverage
Superannuation Trust Liability
Corporate Legal Liability Coverage
Legal Representation Expenses
Specific Public Relation Expenses
Breach of Contract Defence Costs
Identity Fraud Costs Court Attendance Costs
Tax Audit Expenses

You can include management liability to your existing
business insurance covers (Public, Products, Civil etc).

Management liability insurance is a type of insurance coverage that provides financial protection for directors, officers, and other individuals in leadership positions within a company. It is designed to protect these individuals from legal claims and financial losses that may arise from their decisions and actions while managing the company.

Management liability insurance typically includes several different types of coverage, including:

Directors and Officers this coverage protects directors and officers from claims alleging wrongful acts, such as negligence, breach of duty, or misleading statements. It also provides coverage for defense costs and settlements or judgments that may be awarded against them.

Employment Practices Liability this coverage protects the company and its management from claims related to employment practices, such as wrongful termination, discrimination or harassment.

Fidelity cover is a component of management liability insurance that protects companies against financial losses resulting from acts of dishonesty committed by employees. It provides coverage for losses incurred due to employee misconduct within the organisation.

Management liability insurance is essential for companies and their leaders as it helps mitigate the financial risks associated with their decision-making and management responsibilities. It provides peace of mind and protection against potential legal claims and financial losses. By having this insurance, companies can attract and retain talented leaders who are confident in their ability to make sound decisions without fear of personal liability.