Management Liability Insurance
Protect your directors and officers against claims of mismanagement, covering legal costs, settlements and regulatory penalties.
- Comprehensive Coverage
- Competitive Offers
- Personalised Policies
Overview of Management Liability Insurance
Management Liability Insurance provides comprehensive protection for directors, officers, and senior management against claims arising from alleged wrongful acts committed in the course of their professional duties. This cover ensures that legal defence costs, settlements, and potential damages are managed effectively, safeguarding corporate assets from the financial risks associated with managerial decisions.
This type of insurance extends to a broad spectrum of potential claims against both you and your organisation, including allegations of corporate manslaughter, data breaches, environmental violations, and regulatory investigations.
Management Liability Sectors
SME Management
Liability
Our SME management liability insurance is specifically designed to protect small and medium-sized enterprises (SMEs) and their decision-makers from a variety of risks.
Public & Private
Companies
For both public and private companies, our management liability insurance offers essential protection for business leaders against financial claims if something goes wrong against financial claims if something goes wrong.
Explore Our Management Liability Insurance
Protect your company’s senior managers, directors, and officers with our management liability insurance. This comprehensive cover shields them against a range of claims, including allegations of discrimination, unfair dismissal, mismanagement, and data breaches.
SME Management Liability
Our SME management liability insurance is specifically designed for small and medium-sized enterprises, offering comprehensive protection for senior managers, directors, and officers against claims arising from alleged mismanagement.
The policy provides extensive coverage, including:
- Directors and officers liability
- Commercial crime
- Employment practices liability
- Pensions and trustee liability
It safeguards against risks such as security breaches, mismanagement, harassment and discrimination, breaches of duty, and regulatory investigations. While the law protects individuals acting in good faith, those who fail to meet their legal responsibilities may be held personally liable.
Public & Private Companies
Management liability insurance is essential for protecting public and private companies against the risks of litigation. In the course of business, allegations of wrongful acts can arise, potentially exposing organisations and their leaders to financial and reputational harm. Management liability insurance provides the necessary protection to safeguard against such claims.
Our comprehensive insurance cover for public and private companies includes protection against Commercial crime, Initial Public Offering (IPO) risks:
- Employment practices liability
- Directors and officers liability
- Pensions and trustee liability
This holistic solution ensures your organisation and its leaders remain protected from a wide range of potential claims.
Why Opt for SIS Management Liability Insurance?
Selecting the right management liability insurance is a critical decision for your organisation. At SIS, we have a dedicated team of experienced insurance specialists who provide expert guidance and support to address a wide range of managerial claims.
Our strength lies in our claims-handling expertise, offering robust protection for your senior management against compensation claims.
Flexible Policies
Affordable Rates
Hassle-Free Process
Our Simple, Clear, and Hassle-Free Process
Report the
Incident
Submit Related
Documents
Assessment &
Evaluation
Receive Your
Compensation
Protect Your Leadership with Management Liability Insurance
Management liability insurance is vital for safeguarding directors, employees, and the company as a whole. It provides protection against unexpected situations, including negligence, breaches of duty, breaches of contract, errors, and misleading statements.
Our policy extends its protection to directors and officers who have resigned or retired, ensuring peace of mind even after they leave the organisation. The cover reimburses directors, employees, and the company itself, addressing emergency costs and mitigating financial risks effectively.
Let’s Find the Best Management Liability Insurance Brokers
Leadership positions come with significant responsibilities and risks. That’s why it’s crucial to seek expert advice from the most trusted management liability insurance brokers. Let’s get started today!
Management Liability Insurance FAQs
Discover straightforward answers to your most pressing questions about management liability insurance.
What is the difference between management liability and professional indemnity?
Professional indemnity insurance covers the services professionals provide to their clients, protecting against claims of negligence or errors in their work. In contrast, management liability insurance focuses on the day-to-day decisions of a company’s leadership, offering protection against claims arising from their management responsibilities.
Do I need management liability insurance?
While management liability insurance is not a legal requirement like employers’ liability insurance, it is highly recommended. It provides crucial protection for directors, officers, and the company itself against the increasing number of litigation cases targeting business leaders.
What exposures do Directors and Officers face?
Directors and officers can face personal liability for alleged failures in their responsibilities. Shareholders, employees, or other stakeholders may bring claims against them, including allegations of misstatements, misleading information, or failing to implement effective controls and procedures to prevent adverse incidents.
I’m confident in my role and wouldn’t do anything wrong. Why would I need this insurance?
Even the most diligent directors can be held accountable for the decisions of others within the organisation. Management liability insurance provides a safety net, protecting you and your company from potential claims and associated costs.