Management Liability Insurance
Management Liability Insurance
Management Liability Insurance protects company directors, officers, and business entities against the legal and financial consequences of mismanagement claims. It covers a wide range of risks including employee claims, shareholder disputes, regulatory investigations, breaches of company law, and workplace misconduct.
This type of insurance is essential for both private companies and not-for-profits, where directors and managers may be held personally liable for decisions made on behalf of the business. Management Liability Insurance combines multiple protections including directors and officers (D&O) cover, employment practices liability, crime cover, and statutory liability.
At Angelic Insurance, we help businesses compare policies from leading Australian insurers. Our authorised brokers provide general advice to help you understand your exposures and secure cover that protects both individuals and the business entity.
How It Works
We help businesses and directors secure protection quickly and with clarity, ensuring you stay compliant and covered.
Tell us about your business structure
Share details such as your company size, number of directors, industry, and employee count so we can assess your risk exposure.
We compare insurer policies
We evaluate multiple insurers’ offerings, reviewing policy inclusions such as D&O cover, EPL, and breach of duty defence.
Choose the level of protection
Select limits for each policy section, typically ranging from $1M to $10M, based on your risk profile and board responsibilities.
Add optional covers
You can add extensions like tax audit, cyber liability, superannuation trustee liability, or OH&S investigation defence.
Finalise the policy
We prepare and deliver your documentation, including a Certificate of Currency, within 1–2 business days.
Annual reviews and updates
We help keep your cover aligned with company growth, new directors, or changes in legislation.
Why You Need It?
Directors and officers are increasingly exposed to regulatory scrutiny, employment disputes, and stakeholder claims. This cover helps safeguard your business and its leadership.
Protects directors’ personal assets
If a director is sued in their personal capacity, this policy helps cover legal defence and settlement costs.
Covers employee-related claims
Responds to claims such as unfair dismissal, harassment, bullying, or discrimination including legal costs.
Defends regulatory action
Pays costs if the business or its directors are investigated for breaches of ASIC, ATO, or OH&S regulations.
Covers internal crime and fraud
Insures against losses from employee dishonesty, embezzlement, or cyber-related financial theft.
Offers peace of mind for governance
Gives leaders the confidence to make decisions knowing they’re protected against personal legal exposure.
How Angelic Insurance Can Help?
We help protect directors, managers, and businesses with tailored advice and fast, professional service.
Compare policies with care
We assess limits, exclusions, and industry-specific clauses so you choose the right policy structure and inclusions.
Help meet governance obligations
We assist in maintaining cover that satisfies board, investor, or shareholder expectations for risk protection.
Tailor coverage to your board
We help you structure cover for individual directors, the management team, and the company entity itself.
Provide ongoing support
As your company expands or changes leadership, we help keep your management liability insurance up to date.
Assist during claims and investigations
Should a regulatory or legal event occur, we support you throughout the process to help reduce stress and ensure compliance.
Challenges Businesses Face Without Management Liability Insurance
Without this cover, directors and managers may be personally liable for their actions and businesses may face significant financial exposure.
Personal liability for directors
A manager or board member can be sued personally for decisions made in good faith risking their savings or assets.
Costly legal defence
Defending a claim or investigation can cost thousands in legal fees, even if you are ultimately cleared of wrongdoing.
Employment-related disputes
Uninsured businesses may have to settle employee claims out-of-pocket even if the claims are unsubstantiated.
Reputational damage
Claims against management may lead to negative publicity and damage trust with clients, partners, and investors.
Non-compliance with stakeholder requirements
Investors, lenders, and clients may expect that you carry this cover as part of responsible risk governance.
Case Studies: How Management Liability Insurance Helped Real Businesses
Case 1 – Employee harassment claim
A Melbourne marketing agency faced an unfair dismissal and harassment claim. Their management liability insurer paid $38,000 in legal defence and settlement costs.
Case 2 – ATO audit of board practices
A Sydney logistics company underwent an ATO investigation into director compliance. The insurer paid $15,000 in legal and accounting costs related to the audit.
Case 3 – Fraud by internal staff
A financial controller in Brisbane embezzled company funds over 18 months. The crime component of the policy reimbursed $78,000 in stolen funds.
Frequently Asked Questions
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