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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Gina from Consolidated was marvelous in helping our private and business Insurance. We are very pleased with the communication, professionalism and deal she got for us. Thanks again Gina.Lea & David Brett
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Experienced and friendly people at Consolidated insurance have been looking after our companies covers throughout the years and they have been amazing to work with. Clayton and team have helped us with competitive premiums … More and quick quotes. Nice and easy highly recommend
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I highly recommend my broker Debbie Blanco.Made everything easy for me and I got the best quotes from her compared with other brokers...The cover for my commercial buildings and my rooms became more broader and cheaper than … More my previous insurances.Dr Farag
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I have used CIB for the last 3 years after a recommendation from a friend. I have dealt with Debbie in past years & Aimee this year. My experiences with both has been nothing less than professional with prompt & informative … More service on all occasions. They genuinely care about getting not only the best price but also making sure it is the best cover for your business. Thanks again!!
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Aimee bent over backwards to secure a fantastic rate on my public liability and contents insurance! With our business being quite unique, external brokers struggled to accommodate our requirements and/or brushed us off completely. … More Couldn't be happier that we found Aimee and looking forward to working alongside her!
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.
