Ansvar Insurance understands the unique needs and requirements of directors and boards of management in our core sectors such as Care Services, Community Services, Faith and Education and Learning Services and has tailored a specialised Management Liability Insurance policy accordingly.

Our stand alone Management Liability Insurance policy protects clients and their organisations against operational risks and exposures with a packaged executive protection insurance policy that typically includes:

• Entity Liability
• Directors and Officers Liability
• Entity Reimbursement
• Employment Practices Liability
• Trustees Liability
• Statutory Liability
• Internet Liability
• Entity Crisis Cover

It is designed to protect an organisation, its directors and officers and employees against actions brought by:

• Regulators
• Employees
• Competitors
• Shareholders (especially minority shareholders)
• Clients

Most common types of claims under Management Liability Insurance:

• Breaches of director’s duties and/or fiduciary duties, including breach of trust
• False, misleading conduct by directors/officers and
• Actions alleging improper and illegal conduct
• Statutory breach of duty i.e. under legislation
• OH & S prosecutions and inquiries
• Employment: unfair/wrongful dismissal, discrimination, harassment, wrongful failure to employ or promote
• Defamation by directors/officers
• Breach of intellectual property rights by directors/officers
• Employee theft, including theft of money and property
• Taxation investigation cost