With Management Liability Insurance, your business gains a resilient shield against an array of potential challenges, ensuring your operations remain protected, your reputation intact, and your financial well-being secure.

Directors & Officers Liabilities:

Extending to present, past, and future directors, officers, and those in management, this handles claims alleging wrongful acts where indemnification isn’t provided. Employees also fall under this coverage.

  • Unfair competition
  • Fraud/Breach of fiduciary duty
  • Misappropriation of trade secrets
  • Insolvent trading
  • Manslaughter

Corporate Entity Liabilities:

Particularly for director-owned firms, this shields against actions from managerial matters. Recognising claims’ impact on owners, this eases financial hardship. Claims against directors often target the company too.

  • Wrongful acts/fraud
  • Shareholder disputes
  • Shareholder employment-related issues

Employment Practices Liabilities:

Encompassing company, directors, officers, employees, this defends against employment practice claims. These span issues such as harassment, unfair dismissal, and other work-related matters.

  • Bullying/harassment
  • Unfair dismissal
  • Discrimination

Legal Representation:

This handles costs for directors, officers, and the company during official investigations or inquiries.

  • Occupational health and safety penalties
  • Environmental Protection Agency (EPA) and pecuniary penalties
  • Other pecuniary penalties (civil penalties)

Statutory Liabilities:

Named individuals and the company get coverage against fines and penalties tied to business operations, including workers’ comp and health & safety fines.

  • Theft by employee
  • Theft of inventory
  • Theft by contractor/consultant

Crime Cover:

Comprehensive component for losses from dishonest acts, theft, and employee fraud, including stock theft.

  • Taxation investigations
  • Public relations needs
  • Crisis containment

Other Covers – Tax/PR/Crisis:

The Management Liability Insurance’s comprehensive scope covers management exposures like tax, PR, crisis. It reimburses costs during tax investigations or engagement of professional assistance in crises.

  • ASIC enquiries