Management Liability Insurance
Management Liability Insurance
Management Liability Insurance protects individuals and the company in relation to the various exposures associated with managing a company.
A Management Liability policy covers claims made against the company itself as well as for claims made against the company’s directors and officers. This cover is particularly important for directors who are also owners/shareholders of a company.
A Management Liability Policy can protect companies in the following areas:
- Statutory Liability – protects the company, executives and employees against claims resulting from the issuance of a penalty notice to pay a pecuniary or administrative fine or penalty pursuant to an Act of Parliament.
- Crime Insurance – protects the company from direct losses resulting from employee theft and a number of other insuring clauses that protect the company from third party thefts.
- Directors’ & Officers’ Liability Insurance – protects the directors and officers against claims resulting from management decisions.
- Employment Practices Insurance – protects the company, its directors, officers and employees from claims brought by current, past or prospective employees.
General Advice
Please read our General Advice Information Page when considering purchasing an insurance product.