Management Liability Insurance, Corporate Legal Liability Insurance.

Management liability & directors insurance

What is management liability insurance?

Management liability insurance fills the gaps in cover left by limited liability status and provides the protection senior management need should they find themselves in legal trouble. It brings together three areas of risk into one single policy:

  • Directors and officers liability (D&O)
  • Company legal liability (CLL)
  • Employment practice liability (EPL).

It’s an essential cover for all limited companies.

What does management liability insurance cover?

Management liability insurance provides cover for a wide range of actions brought against you and your company, including:

  • Corporate manslaughter
  • Data breaches
  • Environmental claims
  • Health and safety claims
  • Regulatory investigations.

In an increasingly litigious society, directors’ duties, actions and responsibilities are under greater scrutiny. Anyone from your employees, customers and suppliers to shareholders and competitors, could make a claim against you and your business. Even if a claim is false or is simply an allegation, you still have to defend it. This is why we recommend clients consider this vital insurance where appropriate.

How we can help

At Marsh Commercial, we recognise the challenges and the pressures you and your senior management face when running your business. As advisors, our role is to work with you and our panel of insurers to provide comprehensive management liability cover.

We’re also able to provide additional coverages added as required under many of our management liability policies such as:

  • Pension Trustees Liability (PTL)
  • Privacy Breach Extension
  • Kidnap and Ransom Extension.

Contact us for full details. As with all insurance policies, terms and conditions apply.

Get in touch with a management liability insurance expert

Management liability, employment practice

Employment practice liability

Employment practice liability (EPL) offers financial protection under management liability against defence costs and awards of claims arising, for example, from allegations of sexual harassment or wrongful dismissal by employees.

Employee related disputes can be highly emotive. If internal procedures aren't correctly followed, you can leave yourself at risk to a successful employment tribunal claim, causing significant financial and resource disruption.

Management liability, corporate legal liability

Corporate legal liability

This covers your company against defence costs and awards associated with events including maladministration of a company pension or employee benefit claim; breach of data protection; or corporate identity crime; and defence costs of defending health and safety, HMRC or other regulatory investigations.
Management liability, directors and officers liability, d and o insurance

Directors and Officers (D&O) insurance

As a director and/or officer you may personally be liable to defend any claims brought against you. D&O insurance is designed to protect your people and business from personal liabilities in the face of legal action.