What is Management Liability?
Management Liability Insurance is a comprehensive solution designed to protect businesses and their insured persons from a variety of risks related to committing a wrongful act whilst managing and running a company.
This type of insurance provides coverage for legal defence costs, settlements, and judgments that arise from claims made against the company or its management team. As businesses face an increasing number of potential liability exposures, Management Liability has become an essential tool for mitigating financial risk and protecting the interests of the company and its leadership.