Management Liability insurance protects company directors, senior managers and officers of charities, boards, and committees if a negligence claim is brought against them in court or at an employment tribunal.
Management Liability is made up of three main components: Directors and Officers Insurance, Employment Practice Liability and Corporate Legal Liability.
The Directors and Officers policy is designed to help directors and managers cover the cost of defending claims made against them, either through litigation or some other form of resolution. It can also cover the financial losses that an individual may incur during this process.
Employment Practice Liability covers claims from employees who feel an alleged or actual instance or wrongdoing has been committed against them. This insurance can help protect against the costs of litigation, including claims of sexual harassment, discrimination, and wrongful termination of employment.
Corporate Legal Liability covers a wide variety of claims, from workplace injuries and employee grievances to a breach of contract and beyond. These claims may have been made by a business partner, supplier, employee, customer, investor, competitor, or even a shareholder. Essentially, anyone who claims you have committed an illegal or wrongful act.
Working with a wide range of insurers, we can cover Management Liability for a wide variety of risks, ranging from property management companies to financial lines.
At Insurance Choice Commercial, we’ve been arranging competitive specialist insurance for over 20 years, specialising in tailoring leisure insurance policies to meet your individual or business’ requirements. We can also offer flexible payment solutions, including spreading the cost of your insurance in monthly instalments.
It couldn’t be simpler to get a quote with us, simply call 01384 429900 now, or fill in the form below, and we’ll call you back.
*All features and benefits are subject to eligibility and underwriting criteria.