Management liability is a package of covers designed to protect business owners, directors, and senior managers from the business and corporate liability that comes with running a company. It's particularly important for privately held companies where the directors are often the business. Claims can come from employees, regulators, shareholders, or creditors - and the costs of defending them can be significant, even if you've done nothing wrong.
Personal protection for directors and officers against claims arising from their management decisions.
Cover for claims related to wrongful dismissal, discrimination, harassment, and other employment disputes.
Protection for the company itself against claims from third parties related to corporate conduct.
Cover for fines and penalties imposed under various legislation for unintentional breaches.
Protection against financial loss caused by employee dishonesty, fraud, or theft.