Management Liability insurance provides protection against risks experienced with running businesses. Without correct insurance you could risk losing not only your business, but also your personal assets.
Common claims under Management Liability Insurance include:
• Unfair/wrongful dismissal, discrimination, harassment
• Defamation by directors/officers
• Employee theft
• Statutory fines & penalties (OH & S)
The bigger the company becomes, the bigger the claims tend to be. For examples of management liability claims, click here.