Management Liability

Management Liability protects you and the company against the risks and exposures of running the Business.

Directors and Officers Liability:

Indemnifies a director or officer for claims that allege a wrongful act has occurred such as misrepresentation, negligence, or breach of duty by a director or officer of the company.

Claims examples:

  • Unfair Competition
  • Fraud / Breach of Fiduciary Duty
  • Misappropriation of Trade Secrets
  • Insolvent Trading
  • Manslaughter

 

Employment Practices Liability:

Protects against allegations of employment breaches like discrimination, harassment, wrongful dismissal, deprivation of career opportunity or breach of contract.

Claims examples:

  • Bullying / Harassment
  • Unfair Dismissal
  • Discrimination

 

Statutory Liability:

Cover any potential actions for breach of a statutory regulation like an OHS regulation or the Food Safety Act depending on the industry of the operation.

Claims examples:

  • Occupational Health and Safety Penalties
  • EPA and Pecuniary Penalties
  • Other Pecuniary Penalties (Civil Penalties)

 

Legal Expenses:

Whether or not you are found liable for an alleged incident, the cost of defence needs to be covered from the outset.

If you would like to know more about Management Liability Cover, please call 1300 763 766 or Get a Quote.

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