Management Liability Insurance protects business owners, directors, and officers from the risks of running a company. It covers things like:
- Employee-related claims
- Regulatory investigations
- Breaches of director duty, and
- Fines or penalties (where legally allowed)
- Tax auditÂ
Even with the best intentions, businesses can become entangled in disputes related to unfair dismissal, harassment, tax audits, or OH&S breaches. These issues often name the individual directors, not just the business, making this cover essential for decision-makers.Â
Management Liability Insurance is often packaged with optional extras, such as Crime Cover or Statutory Liability. For more information on how this coverage can benefit your business, please contact our team.