Management liability insurance for private companies
Running a business brings legal risks that a public liability or professional indemnity policy will not cover. We arrange management liability insurance for private companies, not-for-profits and their directors Australia-wide.
Management liability brings several covers together in one policy, protecting the business and the people who run it. We compare options across a range of insurers.
Covers to consider
Every business is different. Depending on what you do, a sensible program may include:
Directors and officers liability
Personal liability of directors and managers for decisions they make running the business.
Company liability
Claims made against the company itself for management decisions, where available.
Employment practices liability
Claims by employees for unfair dismissal, discrimination, harassment or bullying.
Statutory liability
Defence costs and some fines and penalties for unintentional breaches of legislation, where they can legally be insured.
Crime and fidelity
Theft or fraud by employees, and some third party crime such as social engineering fraud.
Tax audit
Professional fees for responding to an ATO or state revenue audit.
Who it's for
- Small and medium businesses
- Family companies
- Professional practices
- Builders and trade companies
- Retailers and hospitality groups
- Manufacturers
- Not-for-profits
- Businesses with employees
Limits, sub-limits and excesses vary between sections of a management liability policy. We explain how each section works before you choose.
Real risks we help you plan for
Unfair dismissal
A former employee lodges a claim with the Fair Work Commission.
Employee theft
A trusted staff member is found to have taken money over several years.
Fake invoice fraud
A scam email changes supplier bank details and a payment goes to a fraudster.
Safety prosecutions
A regulator prosecutes the business and its managers after a workplace incident.
Tax audits
An ATO audit means significant accounting and professional fees.
Creditor and insolvency claims
Directors are pursued personally after a business downturn.
How we work with you
Independent broking, Australia-wide, with one point of contact.
- We learn how your business runs and what you need to protect.
- We compare cover across a range of insurers and explain the key inclusions, exclusions and limits in plain English.
- We help with certificates of currency for contracts, financiers and leases.
- We support you at renewal, when things change, and through the claims process.
Frequently asked questions
What does management liability not cover?
It does not replace public liability, professional indemnity or property cover. Common exclusions include bodily injury and property damage, deliberate or fraudulent acts, prior known matters, and penalties that cannot legally be insured.
I already have public liability. Do I need this?
Public liability covers injury and property damage to others. Management liability covers different risks, such as employee claims, regulator action, theft by staff and claims against directors.
Can I choose which sections I take?
Often yes. Many insurers let you select sections and limits, such as D&O, employment practices, statutory liability and crime.
Is it claims-made?
Yes, most management liability policies are claims-made. Keeping cover in place without gaps is important.
Talk to us about your cover
We will look at your business, your team and how money moves through it, and talk through your options. Call us, email us or request a callback. We service clients Australia-wide.
Get in touch
- Phone
- (03) 9078 6473
- info@mminsure.com.au
- Hours
- 9:00am to 5:30pm, Monday to Friday
Find out more
Every business is different - which means you need an insurance solution that is tailored for you. For more information, contact us today.
Contact us