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Management Liability

This insurance cover is specifically designed around the needs of  UK registered private companies with a turnover of up to £50m and charities, clubs or associations with up to £2m income.

Management Liability Insurance is designed to work in conjunction with your primary insurance covers including Commercial Combined, Commercial Property Owners, Contractors Combined or other primary insurance policies.

The policy provides cover for Directors and Officers, Company Legal Liability and can be extended to provide cover in relation to other aspects including Employment Practices Liability (EPL) as an optional extension. Combining covers in this way also creates the opportunity to obtain further additional protections available, including cyber liability, under one insurance policy.

Details

Key features include:
  • Directors’ and Officers’ or Trustees’ Liability up to £5,000,000 limit any one claim on a worldwide jurisdiction basis.
  • Company Legal Liability up to £5,000,000 limit any one claim.
  • Pollution clean-up costs included up to £25,000.
  • Cyber Liability can also included.
  • Employee Dishonesty cover included for £100,000 limit any one period of insurance.
  • Employment Practices Liability up to £5,000,000 limit any one claim as an optional section may be added.
  • Professional Negligence cover included (for charities and associations only)
  • Access to Employment, Legal and Regulatory advice through an exclusive facility arranged via “rradar” which not only provides advice in relation to these specific aspects but also into much wider advice spheres not current available via similar policy products including a Crisis public relations advice helpline.
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