Management Liability Insurance

Management Liability Insurance will protect Directors and Officers as well as the Company against a Wrongful Act committed in the management of the Company.
umbrella only@2x

Capacity

$20m

shield-v2

Coverage

Workplace Health & Safety Incidents

Employment Issues

Tax Audits / Investigations
Employee Theft
Your actions as a director or officer
Statutory Liability
Warehouse [Converted]
  • Accountants
  • Advertising agencies
  • Aged Care Facilities
  • Agriculture, Forestry & Fishing
  • Architects & Town Planners
  • Building and Construction
  • Clubs, Pubs & Hotels
  • Day Care Centres
  • Financial Planners
  • Funeral Directors
  • Hospitals & Medical Centres
  • IT Companies
  • Insurance, Mortgage & Finance Brokers
  • Manufacturing
  • Media & Entertainment
  • Real Estate Agents
  • Recruitment Agencies
  • Restaurants & Cafes
  • Retails & Wholesalers
  • Trades
  • Transport Companies
  • Travel Agents
  • Warehouses & Distribution
  • Public listed companies
  • Financial Institutions
  • Bio-Technology & Medical science
  • Airlines/aviation exposed risks
  • Telecommunications Companies*
  • Oil, gas and mining exploration and production companies
  • Companies with over $100M turnover (but we may consider these on D&O)

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Claims Example

Hotel Lobby

A company received numerous internal & external complaints over time regarding the conduct of an employee.  The company did not raise any of these complaints with their employee.  When a major client advised they could no longer work with the insured due to the employee’s conduct, it was the final straw for the Company.  The owner met with the employee and terminated his contract with one month’s gardening leave (no notice of meeting provided to the employee, no list of allegations provided to the employee, no opportunity for the employee to respond, no opportunity for a support person to attend).  The employee commenced unfair dismissal proceedings in the FWC.

Panel lawyers identified there was a significant risk the insured would be found liable by the FWC as they had not followed procedural fairness requirements.  (FWC can award compensation of up to 6 months salary).  The matter was settled prior to FWC proceedings with BIA paying settlement & defence costs.

Failure to Promote
A senior employee issued proceedings alleging that she was passed over for a promotion, and sued the Insured for $120,000. The matter proceeded to mediation with an agreed settlement paid to the employee plus legal costs.

Unfair Dismissal
Employee alleged he was dismissed from a construction job due to his refusal to join a Union. The insured has refuted this claim saying the project was nearing completion so his services were no longer required. The matter is continuing in the Federal court with $230,000 in legal costs incurred.

Boardroom

Directors and Officers Liability Insurance protects the personal assets of company directors or officers against a claim made against them where they would be personally liable.

work office

Professional Indemnity Insurance provides protection for your business against a claim made by a client alleging they have suffered a financial loss as a result of your negligence or a breach of professional duty from services provided by your business.

Farmer

Public & Products Liability Insurance

Public and product liability insurance protects businesses from paying compensation to a third party in the event of personal accidents, injury or property damage resulting from any business activity and manufactured or supplied product.

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