Management Liability
Management Liability is an insurance policy that has been specifically designed to help privately owned companies cope with the threats to their financial security. No business is free of risk, especially when dealing with employees, shareholders, competitors, customers, regulators etc. The cost to defend a claim can prove to be expensive even if the organisation is not at fault.
This policy can protect the past, present and future directors, and officers, plus anyone else involved in the management of the business for all claims alleging a wrongful act.