Management Liability Insurance
Directors, officers, employment practices, crime, and statutory liability cover.
In short
Management Liability Insurance protects directors, officers, managers and the company itself from claims arising out of how the business is managed, including employment disputes, regulatory investigations, statutory breaches and employee fraud. It is different from Professional Indemnity, which covers professional services. Kasana Insurance Brokers tailors cover to your governance risks.
Management Liability Insurance
Running a business involves more than just operations. It also brings legal and regulatory responsibilities. Management Liability Insurance is designed to protect directors, officers, managers, and the business itself from claims arising out of the way a company is managed.
This cover helps reduce the financial risks faced by decision-makers when allegations, investigations, or legal actions occur.
01Directors & Officers
Protection for directors and officers against claims alleging wrongful acts in their managerial duties.
02Employment Practices
Cover for discrimination, harassment, unfair dismissal, and breach of workplace law claims.
03Crime & Statutory
Protection against employee theft, fraud, and unintentional breaches of legislation.
Why Management Liability Insurance Matters
Management risks can arise unexpectedly and may include:
- Occupational health & safety breaches
- Wrongful dismissal or unfair termination claims
- Workplace harassment or discrimination allegations
- Breach of statutory duties
- Defamation claims
- Regulatory investigations and penalties
Unlike Professional Indemnity Insurance (which covers professional services), Management Liability Insurance protects the management and governance of your business.
Key Covers Available Under a Management Liability Policy
A typical policy may provide protection for:
01Directors & Officers (D&O) Liability
Protects company directors and officers against claims alleging wrongful acts while performing their managerial duties. If the company indemnifies a director or officer, the policy can reimburse the business.
02Corporate Liability
Covers claims made directly against the business itself for alleged wrongful acts, rather than against individual directors or officers.
03Employment Practices Liability
Protects against employee-related claims, including:
- Discrimination
- Harassment
- Unfair dismissal
- Breach of workplace laws
04Crime Cover
Provides protection against direct financial loss resulting from theft, fraud, or attempted theft by employees or third parties.
05Statutory Liability
Covers the business, management, and employees for unintentional breaches of legislation. This may include legal defence costs and certain fines or penalties, subject to policy terms.
What Is Typically Not Covered?
- Bodily injury or property damage
- Insolvency-related claims
- Known claims or existing circumstances
- Dishonest or criminal acts (unless covered under a specific Crime section)
Protect Your Leadership & Your Business
Management liability claims can result in severe financial penalties, legal costs, and even disqualification from managing a business. Having the right insurance ensures that the effort you have put into building your company is not put at risk.
At Kasana Insurance Brokers, we help you choose the right management liability cover to safeguard your leadership, reputation, and future.
Management Liability Insurance questions.
What is the difference between Management Liability and Directors and Officers insurance?
Directors and Officers (D&O) cover is one section of a Management Liability policy. Management Liability also adds corporate liability, employment practices liability, crime cover and statutory liability in a single package designed for private companies.
Does Management Liability cover unfair dismissal claims?
Employment Practices Liability, a section of Management Liability Insurance, responds to employee claims including unfair dismissal, discrimination, harassment and breaches of workplace laws.
Can Management Liability cover fines and penalties?
Statutory Liability can cover legal defence costs and certain fines or penalties for unintentional breaches of legislation, subject to policy terms and what the law allows to be insured.
Compare Quotes & Protect Your Leadership
Get a quick management liability quote with Kasana Insurance Brokers. We help you find the right cover so you never pay for anything unnecessary.