Protecting your business, its leaders, and its financial future
Many Australian businesses operate unaware of the serious gaps in their cover for management-related risks. Legal actions, regulatory investigations, and employee disputes can have significant financial and reputational consequences, not only for the business but also for individuals in management positions.
Management Liability Insurance is designed to safeguard both the company and its directors, officers, and managers against these exposures. It provides financial protection for legal defence, penalties, and settlements that may arise from management-related claims.
At Network Insurance House, we work with small-to-mid-sized businesses through to large organisations to arrange the most appropriate level of cover for their leadership and governance risks.
Why Management Liability Insurance matters
What does Management Liability Insurance cover?
- Defence costs, damages, and settlements for management-related claims.
- Public relations and crisis management expenses.
- Investigation costs, including OH&S and environmental matters.
- Protection against acts of theft, fraud, or dishonesty committed by employees, shareholders, or third parties.
- Cover for the destruction or damage of money or securities.
- Legal fees and costs of reconstituting lost financial records.
- Coverage for losses occurring prior to and during the policy period (if discovered during the policy period).
- Defence and investigation costs relating to OH&S incidents and breaches of contract.
- Crisis management expenses following an insured event.
- Protection against claims of unfair dismissal, harassment, or discrimination by employees or third parties.
- Cover for fines and pecuniary penalties (where insurable by law) imposed on individuals or the company following an unintentional breach of legislation or regulation.
How we support you
- We help identify management and governance risks specific to your business.
- We arrange cover that aligns with your structure, size, and regulatory obligations.
- We access a wide range of insurers offering comprehensive management liability protection.
- We act as your advocate at claim time, managing the process with professionalism and care.
What happens if I have a claim
We are your advocate at claims time. We work for you and seek the most appropriate outcome based on your coverage.
- We collect and prepare all claims information with you.
- We liaise directly with the insurer on your behalf.
- We work to secure a fair and timely resolution.
- We reduce stress by handling the process with clarity and professionalism.
Protect your business leadership
From small private companies to large national organisations, Management Liability Insurance helps protect your business and its leaders from the unexpected. Contact us to discuss a tailored Management Liability solution for your organisation.
Frequently Asked Questions
- What is the difference between Management Liability Insurance and Directors & Officers (D&O) Insurance?
Directors & Officers (D&O) Insurance typically covers only the personal liability of directors and officers. Management Liability Insurance provides broader protection, covering both the company and its directors, officers, and managers for a range of management-related exposures, including employment practices, statutory breaches, and corporate crime.
- Who should consider Management Liability Insurance?
This cover is suitable for all businesses with a management or governance structure, from small private companies to large corporations. It’s particularly important for directors, officers, and business owners who could be held personally liable for management decisions.
- Does Management Liability Insurance cover regulatory investigations?
Yes. Most policies include cover for legal defence and investigation costs arising from regulatory actions or investigations, such as those involving occupational health and safety (OH&S), environmental breaches, or financial reporting matters.
- Can Management Liability Insurance cover employee claims?
Yes. Policies can include Employment Practices Liability, which provides protection against claims of unfair dismissal, harassment, discrimination, or other employment-related issues.
