At Consolidated Insurance Brokers we specialise in Management Liability Insurance
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)
How can CIB help with Management Liability Insurance
Your Commercial Insurance Broker works for you. You pay our fee, and the commission we take comes from the premium you pay. Your CIB invoice lists exactly what we earn; no secret commissions, only full disclosure.
Every year your CIB broker will get an insurance quote from each of our 6 reputable Australian insurers. In addition, it is our job to work with the insurer during the claim process and to pay your claim. We help you understand how your policy works so you get the most out of it.
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. Get the right cover for your business.
Most importantly, CIB can also assist your business with Professional Indemnity Insurance if you give advice or sell a professional service. This will cover you against financial losses you may cause other businesses if you make a professional error.