Comprehensive Protection for Complex Management Risks
Management liability insurance protects your business against a range of claims that can arise from the day-to-day operation of your business. From employment practices claims to regulatory investigations and crisis management costs, this insurance covers losses that traditional general liability policies don't.
In today's complex regulatory environment with increased employee activism and shareholder scrutiny, management liability insurance is essential protection for businesses of all sizes. It covers claims that can be financially devastating if not properly insured. We work with leading insurers to ensure you have comprehensive protection for your specific business risks and governance environment.
What's Covered
- Employment practices claims: Claims from employees regarding wrongful termination, discrimination, harassment, wage disputes, and retaliation
- Directors & officers duties: Claims alleging breach of duty by company directors and officers in their management decisions
- Breach of corporate governance: Claims arising from failure to follow proper corporate governance procedures or board obligations
- Shareholder actions: Claims and proceedings brought by shareholders alleging mismanagement or breach of fiduciary duty
- Regulatory investigations: Defense costs for investigations and proceedings by regulatory authorities and government agencies
What's Not Covered
It's important to understand what management liability insurance doesn't cover. Most policies exclude certain claims to ensure appropriate risk management and insurance principles.
Fraud and intentional misconduct: Claims arising from fraud, dishonesty, or intentional illegal acts
Known prior acts: Claims arising from acts or circumstances known to the insured before policy inception
Bodily injury or property damage: Claims for bodily injury or property damage covered separately under other insurance policies
Contractual liability: Liability assumed under contract beyond statutory or common law liability
Fines and penalties: Government fines, penalties, and regulatory sanctions imposed by authorities
Specialist Coverage Options
Management liability insurance can be tailored with various coverage options to match your business's specific structure, industry, and risk profile. We work with you to build the right protection package.
Employment Practices Liability provides comprehensive coverage for employment-related claims including wrongful termination, discrimination, harassment, and wage disputes. Crime & Fidelity cover protects against fraud, theft, and dishonesty by employees or third parties. Cyber & Data protections cover data breach response costs, notification expenses, and cyber liability claims. Trustee Liability provides coverage for fiduciary duties and trustee liability in managing employee benefit plans. Our specialists will work with you to structure a policy that protects your business against the specific management liability risks you face.
Roles & Risks We Cover
Management liability risks exist across all business functions and roles. We protect key areas where management liability exposures arise.
Key Areas of Management Exposure
Directors & Officers
Protection for company directors and senior officers against liability for management decisions, governance breaches, and shareholder claims.
Human Resources & Employment
Coverage for HR practices and employment decisions including wrongful termination, discrimination claims, harassment allegations, and wage disputes.
Compliance & Risk Management
Protection for compliance programs and risk management functions against regulatory investigations, enforcement actions, and governance failures.
Finance & Governance
Coverage for financial management and corporate governance including trustee liability, fiduciary duty claims, and financial control failures.
Risk Management & Governance Support
Effective management liability protection goes beyond insurance. We help your business manage risks proactively through expert guidance and governance support.
Our support includes guidance on corporate governance best practices and regulatory expectations for your industry, ensuring your board and management team operate in full compliance. We provide compliance training and development programs to help your team understand legal obligations and governance responsibilities. We assist with proactive risk identification and assessment to help identify and mitigate management liability exposures before they become claims. Our crisis management support helps your business respond effectively to incidents that could trigger management liability claims, including reputation management and stakeholder communication strategies. By combining specialist management liability insurance protection with proactive governance support, we help your business operate confidently and manage complex management risks effectively.