Management Liability Pillars
For any one wondering about the key components of management liability, we provide a simple synopsis.
We hope this is of value to our existing and potential clients as well.
Insured persons liability
Covers loss arising from claims brought against the directors, officers or employees acting in a managerial or supervisory capacity within the company.
Company liability
Loss arising from claims made against the company.
Employment practices liability
Loss arising from claims brought by past, present or prospective employees alleging discrimination, sexual harassment or failure to promote, for example.
Statutory liability
Claims for loss arising from any breach of a Commonwealth Act made by the company, or its directors or officers.
Commercial crime
Claims for loss arising from any fraudulent or dishonest act committed by an employee or a third party.
Internet liability
Loss arising from an actual or alleged electronic publishing claim. This includes claims made with respect to libel, slander, plagiarism, violation to right of privacy, or infringement of copyright
