Management liability insurance is a type of insurance for business owners and directors that is highly recommended as it protects against any liability arising from any actual or alleged act, error or omission of any manager, director, officer or employee of the company. It covers claims made against the company as well as the owners or directors of the company.
Management Liability Insurance
— Management liability insurance is a type of insurance for business owners and directors that is highly recommended as it protects against any liability arising from any actual or alleged act, error or omission of any manager, director, officer or employee of the company.
4.6 / 5
Management Liability
Corporate Liability
Employment Practices Insurance
Crime Insurance
Superannuation Trust Liability
Statutory Liability
What is Management Liability Insurance?
Why do I Need Management Liability Insurance?
It is strongly advised to consider obtaining management liability insurance to reduce the risk of paying legal costs or theft costs due to loss within the company. Particularly if the claim is from a regulator like ASIC or WorkSafe.
You could be held personally liable for the actions of a manager / employee within your business and your personal assets could be at risk to cover the costs associated with a claim. Management liability insurance also includes the cost of investigating, defending and settling claims.
Management Liability
Protects the company from liability arising from any actual or alleged act, error or omission of any Manager.
- Individuals
- Company Reimbursement
- Asset and Liberty Costs
- Investigations
- Public Relation Expenses
- Run-off for Retired Insured Persons
- Access to Complimentary Legal Advice
- Outside Entity Directors
- Reinstatement Limit
- Insured Person Statutory Liability
- Occupational Health & Safety
- Extradition Proceedings
- Superannuation Schemes
Corporate Liability
Protection for the company from claims arising from alleged wrongful acts against the business.
- Corporate Liability
- Company Pollution Condition Defence Costs
- Occupational Health & Safety
- Disappearance of Insured Executives
- Access to Complimentary Legal Advice
- Liability to Third Party Entities due to Employee Dishonesty or Fraud
- Accidental Death
- Breach of Contract
- Identity Fraud
- Crisis Event
- Superannuation Schemes
Employment Practises Liability
Protects the business from claims arising from any actual or alleged act, error or omission with respect to current employees, past employees or prospective employees.
- Employment Practises
- Liability 3rd Party Liability
- Access to Complimentary Legal Advice
- Insured Person Employment Practices Liability
Crime Protection Liability
Protects the business from losses from computer theft, money theft, computer fraud, cheque forgery, corporate card fraud or counterfeiting by employees or third parties.
- Employee Fraud or Dishonesty
- Electronic and Computer Crime
- Shareholders
- Investigative Specialist Fees
- Destruction and Damage of Money or Negotiable Instruments
- Third Party Crime
- Care, Custody and Control
- Reconstitution Costs
- Legal Fees
Superannuation Trustees Liability
Protects against the loss of superannuation.
- Individual Superannuation Trustees
- Exoneration
- Insured Entity Liability
- Ombudsman & Superannuation Regulator Awards
- Insured Entity Reimbursement
- Care, Custody and Control
- Access to Complimentary Legal Advice
- Loss of Documents
Statutory Liability
Protect businesses from legal expenses if they breach an act of legislation and need to pay fines.
- Insured Person Statutory Liability
- Regulatory Crisis Response
- Emergency Costs
- New Subsidiary
- Court Attendance
- Discovery Period
- Legal Expenses Policy
Custom built cover
We understand that each business is unique and we can tailor insurance solutions to your business as we source from a range of insurers.
Business Package Insurance – Bizpack
Mobile Plant and Equipment Insurance
Professional Indemnity Insurance