Management Liability Insurance can be relevant where directors, officers, managers or the organisation itself can face claims arising from how the organisation is managed.

It is commonly considered by private companies and other organisations that:

• Employ staff
• Have multiple directors or shareholders
• Have regulatory obligations
• Make significant financial or operational decisions
• Have external investors or stakeholders
• Manage employment issues
• Have exposure to regulatory investigations

What types of claims can arise? #

Depending on the policy and sections selected, Management Liability can address exposures involving:

• Directors and Officers Liability
• Company or Entity Liability
• Employment Practices Liability
• Statutory Liability
• Crime or Employee Dishonesty
• Tax Audit costs

Not every policy includes every section, and limits, excesses and exclusions vary.

Contact our team if you would like help reviewing whether Management Liability Insurance should form part of your insurance program.