Management Liability
Insuring a Business Trust Structure under Management Liability Insurance
Introduction Insuring business structures that use a trust requires an understanding of how trusts operate and their nuances. This article explores the issues associated with business trust structures and Management…
Read MoreManagement Liability Insurance – What is it and Who needs it?
A business should consider having Management Liability (ML) insurance when it is exposed to the potential risks associated with the actions of its directors and officers. ML insurance can help…
Read MoreChange in Control Events
With corporate structures constantly evolving, particularly during periods of mergers, acquisitions or other significant transactions, its crucial for both businesses and insurance brokers to understand how these changes affect Directors…
Read MoreEmployment Practices Liability Trends
In recent years, the employment practices liability (EPL) Insurance landscape has changed significantly. This evolving environment stems from a number of factors including legislative changes, workforce dynamics and a shift…
Read MoreAdvancement of Costs and Emergency Defence Costs | Management Liability Extensions
Management Liability Insurance is a crucial component of a business’s risk management strategy, providing coverage for the legal and financial repercussions of managerial decisions. A critical feature of a Berkley…
Read MoreStatutory Liability: Engineering Firm’s Success with Prompt Legal Support
Background The insured is a civil and structural engineering consulting firm. In 2021, the insured was engaged by a local council to provide structural design drawings for a cantilevered roof…
Read MoreInsights into a Professional Indemnity Case | Claims Notification
Insurance brokers play a critical role in guiding clients through the world of professional indemnity insurance. A notable case, outlined by Carter Newell Lawyers in their article “The consequences of…
Read MoreBIA Continues to offer broad Management Liability
As a dedicated insurance broker, your goal is to provide your clients with broad and reliable coverage. Berkley Insurance Australia recognises this need and offers broad Management Liability solutions, including…
Read MoreEmployee Theft under Management Liability Policies: Understanding Cover and Claims
Berkley Insurance Australia (BIA) Management Liability (ML) policies are designed to cover businesses against management liability risks and exposures. Among the risks that ML policies cover, one relevant cover is…
Read MoreWhat is a ‘named insured’ and ‘interested party’
Every industry comes with its own jargon and terminology, but as an insurance professional, you’ll probably agree that ours seem to have a particularly special amount of terms that are…
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