Management liability insurance is a cover that is usually overlooked by business owners.
It shouldn’t be.
It is one of the MOST important insurance covers that should be put in place to protect not just your business, but the directors and key management as well.
Sometimes your business can experience unwelcome surprises that could potentially threaten your financial position. As a director or officer, you may be exposed to personal liability further threatening the future success of the business.
Increased regulation has heightened the operating risk for businesses of all sizes.
Management Liability insurance is specifically designed to protect private companies and their directors. It’s more comprehensive than traditional directors and officers insurance, as it protects both the financial wellbeing of the company, and the personal wealth of its directors and officers.