Management Liability Insurance

Management Liability insurance covers exposures associated with running a business, providing cover for those alleged to have failed in their responsibilities as managers. It is based upon traditional Directors and Officers insurance, which covers claims arising from alleged wrongful acts of directors or officers. However, Management Liability insurance is more comprehensive, protecting the company, as well as its directors and officers, and broadening the cover with additional policy sections.

It can include:

• Employment Practice Liability – Claims for wrongful dismissal or discrimination
• Crime – Protects the company’s balance sheet from fraud and dishonest activities carried out by employees or third parties
• Statutory Liability – Protects individuals and the company against fines and pecuniary penalties.

Who should have Management Liability insurance?

Any business that has an exposure to claims by regulators or external stakeholders such as shareholders, creditors or employees should consider management liability insurance.

How to apply:

To enable us to gain a better understanding of your business and objectives, we encourage you to call and speak to one of our specialist consultants.