What is Management Liability Insurance?
When considering insurance for your business, the first things that come to mind are the tangible assets of the company. However, as a business owner or director making operational decisions day in, day out, what protection is in place to cover you as an individual? Whilst operating a business, there is a vast array of operating exposures, which if not adequately covered, could have crippling financial implications for your business, and you as an individual.
Management Liability Insurance is an efficient packaged suite of coverage for exposures faced by directors, officers, managers and business entities, generally in the SME market. It can prove a vital component in any business owners’ risk management toolkit and will normally cover the following risks:
- Provides protection for directors & executive management of a business where you can be personally liable for any actual, or alleged mismanagement of the company whilst performing your duties within the business.
- Offers protection to both you and the company for fines and/or pecuniary penalties imposed by a regulator, for which you are liable to pay (where indemnifiable by Law) for unintentional breaches of certain statutes.
- Provides employment practices liability including unfair dismissal claims, alleged wrongful termination and claims of inappropriate redundancy. For example, if an employee alleged that they were made redundant due to having a worker’s compensation claim settled out of court.
Why do I need Management Liability Insurance?
When running a business, whether that’s as an owner, a director or manager, you’re responsible for making some big decisions. From deciding who to hire, where to spend each and every dollar, in all the tasks you do, the possibility of your actions being considered as discriminatory, or bullying, is a very real one. Employment disputes can be costly and claims made for unfair dismissal are on the increase. Management Liability is therefore an important consideration for any business owner, as it can help make sure if you do face allegations of mismanagement, you will have the financial capability to defend yourself in court, as well as pay compensation if required.1
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Why Aon?
Management Liability Insurance. Easy.

Easy to Understand
- Easy to digest information about insurances your business needs
- Experienced, friendly brokers on 1300 836 028

Easy to Buy
- Quick quotes online
- Purchase in just a few clicks
- Pay monthly options available

Easy to Manage
- Manage your renewals easily
- Adjust your policy anytime
- Request certificates of insurance quickly and easily
- Assistance in complex claims
Why choose Aon for Management Liability Insurance?
Aon is committed to making life easier for small and medium business owners with insurance that’s easy to understand, buy and manage. If you’re a small business owner, your job is anything but small, so when it comes to protecting your business with the right cover, it helps to have an expert on your side.
You can compare covers and take out a policy online in just a few clicks. But if you need help, our team of friendly experienced brokers are a phone call away, so you can have confidence you’re making a better decision for you and your business.



Contact
Ways to get in touch
Management Liability Insurance is arranged by Aon Risk Services Australia Limited ABN 17 000 434 720 AFSL 241141 (Aon) as agent for the insurer, CGU Insurance, ABN 11 000 016 722 AFSL 227681. If you purchase this insurance, Aon will receive a commission that is a percentage of the premium. Further information can be found in our FSG click here or provided upon request.