Management Liability is a tailored insurance offering that provides cover to Senior Management and the Company for the decisions and responsibilities involved in running a business.
It includes the following sections:
Directors and Officers
Covers the Directors and Officers for any claims alleging Wrongful Acts such as negligence, breaches of duty and misrepresentation
Covers the Company where there is a claim against the entity for alleged wrongful acts.
Employment Practices Liability (EPL)
Covers the Company for claims alleging an employment breach such as wrongful dismissal, discrimination and harassment.
Covers the company for direct financial loss (crime) caused by employees and/or a Third party.
Cover for the Company for Tax Audits by the ATO
Covers the Insured for fines, penalties and defence costs of legislation breaches