Management Liability Insurance – Kasana Insurance Brokers
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.
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.
What Does Management Liability Insurance Cover?
A typical policy may provide protection for:
Legal defence and investigation costs
Damages awarded against insured persons
Claims enquiry costs
Certain civil fines and penalties (where legally permitted)
Key Covers Available Under a Management Liability Policy
Directors & 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.
Corporate Liability
Covers claims made directly against the business itself for alleged wrongful acts, rather than against individual directors or officers.
Employment Practices Liability
Protects against employee-related claims, including:
- Discrimination
- Harassment
- Unfair dismissal
- Breach of workplace laws
Crime Cover
Provides protection against direct financial loss resulting from theft, fraud, or attempted theft by employees or third parties.
Statutory 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’ve 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.
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