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Management Liability Insurance

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When you’re running a business, you may be personally liable for any actual or alleged breaches of the Corporations Act.

And it’s not just large companies that are exposed – small and medium business owners and officers could be at risk as well.

Management Liability insurance can cover associated costs of investigating, defending or settling claims made against your business arising from mistakes or deliberate actions, including fraud, from you company or its directors, officers or employees.

What does Management Liability cover?

Management Liability insurance policies vary in the benefits they provide. To give you an idea, here’s the type of cover that you could find cover for:
Employment Practice Liability:
Covers payouts for claims of employment breaches, such as wrongful dismissal, bullying or discrimination.
Directors’ and Officers’ Liability:
Protects your proprietary limited company’s past, present and future directors, officers and managers against claims of wrongful acts, such as misrepresentation or breach of duty (subject to business size).
Crime:
Protects your business against claims such as employee or third party fraud (not all criminal activity is covered).
Corporate Liability:
Covers costs that your business would incur if you need to defend and settle claims from outside parties alleging wrongful conduct, as well as investigation into the affairs of the company.
Statutory Liability:
Covers the cost of defence, fines and penalties under some statutes (e.g. Work Health and Safety).
Defence costs:
Covers your legal costs if your business ends up in court.

Flexible insurance with a local touch

Insurance isn’t always a one size fits all policy. Whether you’re in manufacturing, food and beverage, hospitality, property owner, tradie or truckie, we’re here to help structure your insurance program to suit.
The right cover for you
Tailored insurance programs to suit your business risks, whatever your business, wherever you operate.
Support from an expert
Highly trained insurance professionals to help you identify risks, manage your insurance program and support you with claims.
Friendly, local service
With offices across Queensland and a national reach, you have access to support when you need it.

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