Management Liability Insurance
Why do you need management liability insurance?
As a director or partner of a company, you have responsibilities to stakeholders: employees, clients, members of the public, suppliers, investors, and regulators. With this responsibility comes a risk of being personally liable for actions and decisions they make, leading to fines and expensive legal proceedings.
Rising regulation and an increasingly litigious society means businesses and their directors are facing an ever-growing rate of claims. With associated legal costs, even winning a legal case can be an expensive process.
Risk Management Support
At Marsh Commercial, we also offer risk management advice to help mitigate the day-to-day risks you face in your professions, whilst our dedicated in-house claims team will guide you through the process step by step, helping to get the right resolution.
What can management liability insurance do for you?
We will work with you to ensure you have management liability insurance in place to protect both your business and your personal assets.
As well as legal defence costs, our management liability coverage will provide you with protection for any final settlement or compensation award, in addition to crisis and PR costs.