Management Liability Insurance

Are you a Manager, Director or Officer of an organisation?

Leading from the front is tough, and you often have to make the hard calls. Unfortunately, this can give rise to dispute.

If you’re a Manager, Director or Officer, it’s critical that you’re personally and professionally protected from claims, whether raised either internally or externally. Without sufficient cover, you could risk losing your business and your personal assets.

Before you panic, let’s talk – we’ll ensure that your liability insurance is created in line with your evolving organisational requirements.

Examples of common claims:

Unfair dismissal: If a financial situation forces you to make a staff member redundant, Management Liability Insurance will cover you against any claims of unfair motives for dismissal.
Employee theft: If theft from your company goes unnoticed by you as a manager, you could be sued for employee mismanagement.
Employment practices: If you're unaware of a situation where an employee doesn't feel safe, such as bullying, the employee can make a claim against management for not providing a safe working environment.
Failure to comply with WH&S: Prevent any potential claims against you for failing to provide or adhere to the correct safety guidelines or in or around your place of work (this could be as simple as forgetting to attach safety labels to hire equipment).

What’s the difference between Management and Directors/Officers Insurance?

Management Liability Insurance is specifically designed to protect private companies and their directors. 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.

Cass is a Director of a company and responsible for 25 members of staff.

When a former employee named Cass and her employer in her statement in an unfair dismissal claim, Cass called us for advice. She had no need to worry – both she and the company were protected under the Management Liability Policy they’d taken out.

Get your Management Liability Insurance quote today