Company directors invariably make a wide range of decisions that can render them personally liable to claims by all sorts of governing bodies such as ASIC, the ATO, Worksafe, Trade Practices Act and the like.
Management Liability Insurance covers your business/entity and its Directors & Officers for
action taken against them in relation to the responsibility of managing the business and
complying with all relevant legislation. It also covers exposures such as theft by employees,
fines and penalties from governing bodies and OH&S legislation. Without Management Liability Insurance, Directors & Officers may be personally liable and financially exposed.