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 Street, New Farm
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Clayton was absolutely amazing in terms of his response time as well as his eagerness to help where he can. His advice and tenacious approach really helped us achieve a great outcome after multiple attempts trying to find … More competitive insurance packages.Clayton is an asset to Consolidated Insurance Brokers.
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If anyone is looking for a knowledgeable, easy to talk to and very responsive insurance broker, Aimee Spencer is your gem! Aimee has made our whole journey with the insurance side of things so straight forward and has gone … More above and beyond to take the stress out of things, and as a small business this is beyond helpful! We won’t go anywhere else! Highly recommend!
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Alison went above and beyond to get us the best possible policy for our business. I had many conversations with Alison and her professionalism, interest in our business and willing to go that extra yard has given me confidence … More in knowing we chose the right company to manage our insurance needs. Alison is also a delight to talk to on the phone and takes the time to listen to our needs. I have no hesitation in recommending Alison & Consolidated Insurance Brokers next time you are looking to insure your business.
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I want to extend my heartfelt thanks to Debbie, for her exceptional assistance during a recent emergency. Her prompt and professional response helped us navigate a challenging situation smoothly. Debbie's expertise and … More dedication were invaluable, and we are truly grateful for her support. Highly recommend her services!
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Alison Farmer was incredibly helpful and professional. She went above and beyond to get the best possible cover for my business. I highly recommend her services.
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.
