Management Liability provides a suite of covers for the insured company and Directors and Officers for day to day operating of the business.
A Management Liability policy insures a Business against typical risk exposures, the most common of which are outlined below however this is not an exhaustive list:
| Coverage Section | Description |
|---|---|
| Directors & Officers Liability | Cover for wrongful or negligent acts by Directors and Officers of the company in execution of their duties. |
| Corporate (Entity) Liability | Cover to the business entity for wrongful or negligent acts committed in the operation of the business |
| Employment Practices Liability | Cover to Directors, Officers and Managers of the insured company for claims made against them by employees or in respond of breaches of employee contract. |
| Statutory Liability | Protection against statutory breaches , fines and penalties. |
| Occupational Health and Safety Defence Costs | Protection against breaches and prosecutions for OH&S risks, penalties are not included. |
| Crime | Covers the insured company for internal or external misappropriation or fraud of money or property through fraudulent means. |
| Tax Audits | Cover for the insured company for fees incurred from an accountant or tax agent as a result of a tax audit notice. |
Please call BMS today on 1800 290 981 (AUS) or 0800 999 267 (NZ) to receive a quote for Management Liability Insurance