Management Liability – So what is it and are you covered?

Management Liability is a combined insurance product that was developed in addition to traditional Directors and Officers insurance to provide broad protection in a cost effective package for companies to safeguard themselves in an increasingly onerous regulatory environment.  Management Liability provides cover not only to the Insured Company but extends to provide personal asset protection for the executives as well, against a broad range of exposures that may arise.

Below is just a few of the allegations and actions that can be commenced against you or your company:

  • breach of directors’ or officers’ duties
  • breach of fiduciary duty
  • defamation
  • wrongful dismissal, discrimination and harassment
  • breach of the Corporations Act, Competition & Consumer Act and other statutes
  • occupational health and safety proceedings
  • infringement of intellectual property rights
  • breach of confidentiality
  • illegal or improper conduct
  • misleading and deceptive conduct

 

Are you fully covered?
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