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Management Liability Insurance

Minimise the risks and exposures inherent to business management & operation.

The responsibility of owning, operating or managing a business carries unique exposures.


Whether you’re a sole trader, a small business with a few staff, or a large corporation with dozens of employees, speak to us about how to protect your business from the inside out. We can access products suited to your size and industry, and allow you to customise your cover.

Employment Practices Liability

Employment breaches such as wrongful dismissal, bullying, harassment or discrimination

Company Liability

Breaches of contract, workplace health & safety, tax audit & more

Directors & Officers Liability

For claims made directly against a Director or Officer

Statutory Liability

Defence costs following government investigations and resulting fines

Crime Cover

Protect your business against fraud, forgery, counterfeit currency & more

Flexibility & Choice

Choose your covers & limits based on your exposure

Read more about Management Liability Insurance

What Is Management Liability (ML) Insurance?

Management Liability Insurance

Every business is exposed to certain operational risks, whether you have no employees or you run a large organisation with multiple levels of management.

And government regulations around health and safety, breaches of duty, and harassment are constantly changing in a way that could make you personally liable for the actions you or your employees take.

Even if you believe you have committed no wrong and not broken any laws, it can become an extremely stressful experience to become the target of a management liability claim or lawsuit.

The problem is that many business owners and directors wrongly believe they are fully covered through their public liability policy.

What Is Management Liability Insurance

Management liability insurance is a policy that aims to protect against financial risks that come with managing a company.

Any actual or alleged breaches of the Corporations Act could leave you personally exposed to serious financial losses if you had to defend yourself against such claims.

Legal fees alone could run into the tens of thousands of dollars before you even have to face fines or penalties.

There are generally 6 key areas that such a policy extends to:

1 – Employment Practice Liability: covers breaches in employment law like wrongful dismissal or discrimination.

2 – Directors’ And Officers’ Liability: covers the directors, officers, and managers in the event of a wrongful action like a breach of duty.

3 – Crime: protects against certain criminal actions of employees or third parties.

4 – Corporate Liability: aims to protect your business against claims from outside your business where wrongful corporate conduct is alleged.

5 – Statutory Liability: covers the defence expenses, fines, and penalties related to claims under certain legal statutes.

6 – Defence Costs: covers the legal expenses should your company end up having to defend itself in court.

If you feel like your current management liability insurance doesn’t have you fully protected, then contact our team at Aspire Insurance today on 1300 886 781.

What Are The Main Risks You’re Exposed To?

Our experience in helping business owners deal with claims under their manager liability insurance has shown that most companies are exposed to risks in these key areas.

1 – Insolvency Cover

This is not something that is commonly offered as part of standard policies. But insolvency cover could provide significant financial protections should a business be forced into liquidation through difficult economic circumstances.

Such situations are stressful enough without having to worry about how to best pay for insolvency proceedings.

But having the right policy wording in place is important, and it would require the expertise of an insurance representative to determine the type and level of insolvency cover you require.

2 – Fidelity Cover

Forgery, fraud, and dishonesty are an unfortunate reality for businesses of all sizes. And even if those acts were in no way related to the actions of the directors of the company, it’s the business finances that can end up suffering.

Depending on the organizational structure and the number of employees, it’s important to carefully review fidelity cover with an insurance representative to make sure that you get the optimum level of protection.

If you have any concerns about your current management liability insurance or your policy is coming up for renewal, then contact our business insurance team today on 1300 88 6781.

We have experience with businesses in many different industries, from large corporations to the smallest family business.

Maximum Protection

By teaming up with Aspire Insurance, you will have the peace of mind that you gain the maximum level of insurance protection with the best possible products and price available in the market.

But our clients also gain access to services such as claims management, which gives you added peace of mind.

24/7 Support Service

Claims against your business are stressful situations that you don’t have to deal with alone. With our 24/7 support service, we can advise on how best to deal with any claim, so that you get the best possible outcome.

Fully Tailored Policies

Our insurance representatives will fully assess your business and determine the ideal levels of protection you’ll need. By understanding all the extras available, you can end up with a policy that is perfectly tailored to your needs.

Annual Policy Review

Premiums change on a constant basis, and many insurance companies will regularly come up with new and innovative solutions. For every policy anniversary, we do a full assessment of all the available products to ensure you have the best possible financial protection.

Face To Face Advice

When you deal with our team of insurance representatives, you will never have to guess your way through online quoting systems. This is one of the most common reasons that business owners end up with the wrong type of policy.

Instead, Aspire Insurance will always have a real person available for you to deal with.

Contact Our Team Today

Call us today on 1300 88 6781 for a complimentary policy review and a no-obligation quote. We will take all your circumstances into consideration and make sure that you fully understand the available products.

You’ll take full advantage of our team’s experience at no extra cost to you, so call us today on 1300 886 781.

Who should consider Management Liability Insurance?

Essentially, every single business is exposed to certain operational risks, whether you’re a sole Director with no employees, or you run a large organisation with multiple levels of management.

Government regulations around health & safety, breaches of duty, and employee practices (among many other areas) are constantly changing in a way that could make your company liable for the actions of its Directors, Principals, Officers, or employees.

Certain industries and professions are more susceptible and open to some of the exposures that ML Insurance can cover. However, any business that employs any amount of staff does suffer the risk of certain internal issues, such as wrongful dismissal, bullying, or harassment.

Additionally, the unfortunate reality of dishonest dealings of fraud, forgery and crime continues to be a threat to many businesses from both external parties, as well as their own employees.

Any business should always consider how claims of this nature could affect both their financial position and reputation.

Be Insured.

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