Management Liability

Management Liability protects the personal assets of Directors and Officers by providing indemnity for any loss arising from a claim as a result of a wrongful act committed throughout the performance of their managerial duties. This cover has evolved to extend cover to a wide range of management liability exposures such as Employment Practices Liability, Fidelity Guarantee Insurance and Statutory Liability Insurance.

The Risk: Management Liability Coverage Section:

Investors, customers, clients, government regulators, and competitors can sue a firm’s board members and officers over their actions or decisions.

Directors and Officers Liability Insurance
Employees and formers employees can sue a firm, its board members and its officers for discrimination, harassment, and other illegal employment practices. Employment Practice Liability Insurance
A regulatory/Government body may impose a fine upon the company for breach of their statutory requirements. Statutory Liability
A trusted employee can embezzle funds, steal company money, or commit fraud over a long period of time. Fidelity Insurance

Please refer to their website for more information about the benefits of AHRI membership

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