management liability insurance

Management Liability Insurance

  • Unfair dismissal
  • Wrongful termination
  • Sexual harassment
  • Bullying
  • Misleading and deceptive conduct

These are all words that make an employer cringe – with the world is becoming more litigious by the day are you protected?

Did you know:
  • 50% of management liability notifications result in a claim
  • Average cost of an unfair dismissal claim is $50,000
  • 59% of management liability claims are employment practices liability
  • 70% of statutory liability claims come from OH&S
  • 60% of frauds take over 3 years to detect (Warfield & Associates)
Management Liability Insurance Can Provide Cover For:
  • Company reimbursement – claim against insured persons for wrongful acts or employment practice breach
  • Entity – claim against the company for wrongful acts or employment practice breach
  • Employment practices breach
  • Statutory liability
  • Crime
  • Tax audit costs

This policy can also include a cyber risks extension.
If you would like to know more or would like a quote, call Carbon Insurance Brokers on (08) 9446 8588.

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