Who is Management Liability Insurance for?
This insurance is specifically designed to protect private companies and their directors.
It is cover that is usually overlooked by business owners. – it shouldn’t be! It is one of the most important insurance covers that should be put in place to protect not just your business, but the directors and key management as well.
It’s more comprehensive than traditional directors and officers insurance, as it protects both the financial wellbeing of the company, and the personal wealth of its directors and officers.
It is also easily confused with professional indemnity insurance. Professional Indemnity Insurance covers the ‘activities’ of a business whereas Management Liability Insurance covers the ‘running’ of a business.
If you’d like to know more about management liability insurance for your business, contact ARMA Insurance Hunter Valley and one of our experienced insurance brokers will discuss the available options for you to protect your most valuable asset.
Contact us for a quote.