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insurance@arcuri.com.au

1300 272 874

insurance@arcuri.com.au

1300 272 874

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  • Home
  • About us
    • The Arcuri Team
    • Financial Services Guide
    • Privacy Policy
    • Steadfast
  • Services
    • Business Insurance
    • Construction Insurance
    • Cyber Protection
    • Home & Contents Insurance
    • Public & Product Liability
    • Management Liability
    • Professional Indemnity
    • Taxi insurance
  • Resources
    • Brochures & Fact Sheets
    • Business Quote
    • Insurance Calculators
  • News
  • Contact

Management Liability

What is Management Liability Insurance?

When you're running a business, you may be 
personally liable for any actual or alleged breaches of the Corporations Act. And it's not just large companies that are exposed - small and medium business owners and officers could be at risk as well.

Management Liability insurance covers the costs of defending directors, managers and employees against any claims that are the result of their actions or decisions.

Why do I need it?

If you are faced with unexpected liability costs. Management Liability Insurance can protect your business and personal assets, such as your home, from being sold to cover the cost of paying claims.

"Penalties awarded against companies and its directors or officers for work health safety breaches have increased by 43% to $22 3 million in one year Penalties now average $62.000 per company"

Safe Work Australia, Key Work Health Safety Statistics 2014

Did you know?

Many businesses think it won't happen to them, but statistics show otherwise. In fact:

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The likelihood of a claim that could be covered by a Management Liability policy has tripled in the last five years. With 50% of notifications resulting in a claim (Chubb 2016 Private Company Risk Survey)

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The most common claims are for employment practices like bullying, harassment and wrongful dismissal (Chubb 2016 Private Company Risk Survey)

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Major claims by amount relate to crime - including employee fraud (Chubb, 2016 Private Company Risk Survey)

Management Liability Insurance Review

Our dedicated team allows us to work closely with clients and offer tailored insurance solutions.

Get in touch with us!

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38 Smith St, Collingwood VIC 3066
Postal Address: PO Box 2850,
Fitzroy 3065
Phone: (03) 8415 4000
Fax: (03) 9415 8280
E-mail: insurance@arcuri.com.au

Arcuri & Associates Pty Ltd

Arcuri & Associates Pty Ltd is a member of the largest Insurance broker network in Australasia, the Steadfast Group.

ABN 22 006 299 298
AFSL 235409

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