Private companies and their directors continue to face greater corporate governance and increasing regulatory surveillance of the management of their business activities. Traditionally directors’ & officers’ policies have been written only to protect the personal interests and assets of individual directors and officers.
Management Liability Insurance is specifically designed for privately owned companies. These companies and their directors, officers and employees are exposed to the legal consequences of unintended errors arising from their daily actions. Companies may also face the potential exposure of financial loss caused by employee dishonesty and similar conduct.
If you would like to know more about Management Liability Insurance please phone us on (03) 9825-6333.