MANAGEMENT LIABILITY INSURANCE
Management Liability is a combined insurance that offers a cost effective solution for companies to purchase additional covers with the standard D&O cover. The additional covers provide protection to the insured Company, as well as executives. Management Liability Insurance offers covers for exposures and risks in managing and running a business.
Privately owned companies may benefit from the comprehensive coverage offered by Management Liability Insurance.There are policy conditions, so you will want to make sure you understand up front the extent of coverage & what’s required on your part for coverage to apply.
A summary of the core Management Liability covers are:
• Company Reimbursement
• Corporate Liability
• Employment Practices Liability
• Crime / Fidelity
• Statutory Liability (fines and penalties cover)
• Superannuation Trustees Liability
Coverage includes cover for fines and penalties, the costs of defending claims and attending investigations, as well cover for settlements and awards, etc.
Let our Experienced Insurance Experts Help
Cyber Data-Risk Managers Pty Ltd works to understand not just the various Management Liability Insurance policies that are available today, but also the threats of today and the trends of tomorrow.
For assistance, please complete the box below to learn how a Management Liability Insurance policy can help you be prepared for a claim. Or call 03 8640 0962.
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