Protect yourself and your business from claims of mismanagement
Management Liability Insurance provides protection against the financial exposures that come with managing a company, helping you defend, settle or pay compensation claims.
Private companies and their directors continue to face greater corporate governance and increasing regulatory surveillance of the management of their business activities.
When you’re running a business, you may be personally liable for any actual or alleged breaches. And it’s not just large companies that are exposed, small and medium business owners and officers could be at risk as well.
Did you know?
Many businesses think it won’t happen to them, but statistics show otherwise. In fact,
the likelihood of a claim that could be covered by a Management Liability policy has tripled in the last 5 years, with 50% of notifications resulting in a claim
the most common claims are for employment practices like bullying, harassment and wrongful dismissal
major claims by amount relate to crime – including employee fraud