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.