Doc Summary
There is no standard premium for Management Liability Insurance.
Insurers assess the organisation and the management exposures they are being asked to insure.
Factors can include:
- Industry and business activities
- Annual turnover
- Asset values
- Number of employees
- Employment practices exposure
- Ownership structure
- Number of directors
- Subsidiaries
- Overseas operations
- Financial position
- Previous claims
- Known circumstances
- Regulatory matters
- Sections of cover selected
- Limits and excesses
Organisations with more complex operations, significant employment exposures, previous claims or financial concerns can face higher premiums, restricted terms or additional underwriting requirements.
Providing complete and accurate information helps insurers properly assess the risk.
Contact our team if you need help preparing a Management Liability submission.
General Advice Warning:
The information on this page is general in nature and does not
take your personal circumstances into account. You should consider
whether it is appropriate for you and seek professional advice
before making any decisions. For tailored advice, please contact
Webber Insurance Services.
