Management Liability Insurance
Management liability insurance is designed to protect the Directors and the company against financial losses in the event they are alleged to have not met their duties.
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Management Liability Insurance
Rely On A Reputable Insurance Broker
What is Commercial Building Insurance?
Management liability cover is important for many businesses. Its benefits are two-sided, protecting both directors and officers, as well as the business itself from unpredictable circumstances and claims.
For Directors and Officers, it provides cover for claims arising from alleged wrongful acts or mismanagement against them.
For the Company, many management liability policies provide protection for the company including reimbursement costs.
What can be covered
- Personal liability of directors & officers
- Fines & penalties
- Employment matters such as fair work such as Fair Work / unfair dismissal
- Tax audit & review costs
- Breach of contract defence
- Statutory liability
- Crime (employee theft)
What may not be
- Bodily injury/property damage
- Breach of professional duty
- Prior known circumstances
- Actual or admitted dishonest, fraudulent or malicious acts by directors & officers
Get started with Management Liability Insurance
Management Liability Insurance provides cover for claims arising from alleged wrongful acts or mismanagement.
Management Liability claim example
Hector works in a call centre of a medium-sized firm. One day he goes to the HR team and alleges that his manager is bullying him by belittling and intimidating him and excluding him from team activities.
Hector makes a claim to Fair Work and takes his employer to court. The employer successfully claims on their management liability insurance, which covers their legal costs and the cost of compensating Hector.
Why Choose CIB?
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We’ll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James St, New Farm
-
Debbie from Consolidated Insurance Brokers has been absolutely amazing! She made the entire process so easy from start to finish — professional, friendly, and always quick to respond. Debbie took the time to explain everything … More clearly and made sure my partner got the best cover for his needs. It’s rare to find someone who genuinely cares about their clients the way she does. Highly recommend Debbie and the team at Consolidated Insurance Brokers!
-
I want to share my extremely satisfied experience with Tracey Friedland with Consolidated Insurance Brokers. Tracey is really taking her time in explaining everything to me. My partner and I were starting a new business, … More she helped us to find the right company insurance, practice insurance and lead me with the right direction to seek workers comp cover. She is gentle and not constantly nagging me to commit at any stage. Since it took a couple of months to find the right product, she is always patience and make timely response to all the emails. She managed to find a very good deal for us at the end. I will have not doubt I will recommend Tracey to my friends and colleagues!
-
We recently worked with Alison to secure insurance for our commercial character building, which includes multiple tenancies, and we couldn’t be more impressed. Alison went above and beyond to ensure we had the right coverage … More tailored to the unique nature of the property. Her attention to detail, responsiveness, and genuine care made the entire process seamless and reassuring. She took the time to understand our needs and provided expert guidance every step of the way. Highly recommend Alison for anyone seeking professional, thorough, and personalised insurance support.
-
I had the pleasure of working with Aimee Spencer at Consolidated Insurance Brokers, and I couldn’t be more impressed. Aimee is extremely professional and consistently provides prompt responses to all queries and requests. … More She goes above and beyond to ensure a smooth and successful transaction, making the entire process hassle-free. It's rare to find someone so dedicated and knowledgeable in the industry. Highly recommend Aimee for anyone looking for top-notch service!
-
Thank you so much Clayton Rowlings.Professional, friendly and works to get you the best outcome. Not only saved m $1900 a year on fees, but when I needed to use the insurance, it was sorted quickly and with a great result. … More Happy to recommend to any sole trader or small business
How Can We Help?
With over 15 years’ experience helping Australian businesses and individuals, CIB is an established brokerage that delivers the best cover possible at the most competitive price.
Our team of brokers have the knowledge and experience to ensure you get the most out of your insurance cover.
Insurance can be complex. We aim to simplify it so you can understand and be confident in your cover without stressing about the fine print.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.