Management Liability

Management Liability

Tailored package solution to protect companies & partnerships against the management risks & exposures of operating in today’s litigious world.

  • ABOUT

    The about Management Liability policy has been developed to cater for a broad range of private companies, not-for-profit organisations, partnerships and associations.

    The additional coverage sections available include Professional Indemnity and General & Products Liability, which can be tailored to be taken as a total package or alternatively may be taken on a standalone basis.

    Security

    about Underwriting’s specialised products are underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market, bringing together an outstanding concentration of underwriting expertise and talent. Lloyd’s enjoys strong financial security supported by excellent ratings.

    Visit www.lloyds.com for more information.

    Capacity

    Limits up to $10,000,000 any one claim

  • POLICY FEATURES

    PART A
    Directors and Officers Liability – Up to $10,000,000 limit available
    • Insured Organisation Reimbursement Cover
    • Additional Excess Limit Of Liability For Directors And Officers
    • Bail Bond And Civil Bond Costs
    • Deprivation Of Assets Expenses
    • Emergency Costs And Expenses
    • Employment Practices Liability
    • Extradition Proceedings
    • Identity Theft Expenses
    • Investigation Costs And Expenses
    • Management Buy-Outs
    • Outside Entity Executive Cover
    • Pre-Investigation Costs
    • Preservation of Right to Indemnity
    • Prosecution Costs
    • Public Relations Expenses
    • Reputation Protection Expenses
    • Run-Off for Retired Insured Persons
    • Statutory Liability Cover for Insured Persons
    • Superannuation Schemes
    • Taxation Liability
    • Workplace Health & Safety Defence & Investigation Costs And Expenses
    PART B
    Corporate Liability (Entity Coverage)
    • Breach Of Contract Defence Costs
    • Copyright Defence Costs
    • Crisis Events
    • Emergency Costs And Expenses
    • Identity Fraud
    • Liability to Third Party Entities due to Employee Dishonesty or Fraud
    • Pollution Defence Costs And Representation Costs And Expenses
    • Public Relations Expenses
    • Representation Costs And Expenses
    • Superannuation Schemes
    • Tax Audit Costs
    • Workplace Health & Safety Defence & Investigation Costs And Expenses
    PART C
    Employment Practices Liability – Up to $5,000,000 sub-limit available
    • Includes Third Party Liability
    • Emergency Costs And Expenses
    • Public Relations Expenses
    PART D
    Statutory Liability – Up to $1,000,000 sub-limit available
    • Insured Persons and Insured Organisation
    • Emergency Defence Costs
    • Outside Entity Executive
    PART E
    Crime Coverage – Up to $500,000 sub-limit available
    • Crime Investigation Costs
    • Data Reconstitution Costs
    PART F
    Internet Liability – Up to $500,000 sub-limit available
    • Emergency Costs and Expenses
    • Public Relations Expenses

  • RISK APPETITE

    Our Management Liability risk appetite is the same as our Professional Indemnity Appetite.

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