At Consolidated Insurance Brokers we specialise in Management Liability Insurance!
Management Liability is there to protect the business against some common internal threats. This insurance includes a combination of several benefits, including but not limited to: Management Liability is there to protect the business against some common internal threats. Management liability insurance includes a combination of several benefits, including but not limited to:
- Directors & Officers Cover (to protect directors from being personally liable for the actions of the company)
- Employment Practices Liability (to protect you against staff – or people you are looking to hire – taking you to court over discrimination / Fair Work / Unfair Dismissal etc)
- Financial Deception (protection against employee’s committing crime such as fraud or embezzling money from you)
- Statutory Liability (cover against government agencies imposing fines or penalties – e.g. breaches of OH&S)
So Who needs Manamgent Liability Insurance?
If you pay an annual fee to ASIC for company registration, or are a board member of a Not for Profit, you should consider employers liability insurance as a standard cost of the company. It’s that simple.