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05 March 2025

Understanding the importance of Management Liability

DUAL

 

 

The most common feedback we receive on why clients don’t purchase a Management Liability (ML) policy is, ‘the client doesn’t understand or see the importance of ML insurance”. At DUAL we are committed to providing relevant material to assist you with educating your clients on uninsured exposures like ML.

 

Next time you’re discussing Management Liability with your client, ask them:

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1. What would you do if an employee walked in this afternoon and brought an action against you for unfair dismissal and bullying allegations?

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2. Could you afford to pay a $175,000 crime loss today if you found out an employee had been stealing from you for the past 2 years?

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3. The ATO audits 1 in 5 companies, would you be prepared for an ATO audit and associated costs?

 

Check out some recent claims examples from SME clients covered under a Management Liability policy