Management Liability Insurance – Insurance Guidance & Quotes
Directors and officers of Australian companies carry personal liability that standard business insurance does not address. Management liability fills the gap between public liability and the personal risk of running a business.
Need management liability sorted? Talk to a local broker.
✅ What this insurance covers
- Directors and officers liability — personal liability of directors for wrongful management acts
- Employment practices liability — claims from employees for unfair dismissal, discrimination, harassment or bullying
- Company liability — corporate entity cover for management-related claims
- Statutory liability — penalties and fines from regulatory breaches (where insurable under law)
- Crime / employee dishonesty — theft, fraud or forgery by employees or directors (where included)
⚠️ Common gaps
- Employment practices section absent — most claims against SME directors involve employment disputes
- Limit too low for the size and complexity of the management structure
- Crime section absent leaving employee theft uninsured
- Confusion between D&O, management liability and professional indemnity — overlap and gaps
- Private company directors believing they are protected by corporate structure alone
How management liability is structured
- 1) Entity type — private company, trust, incorporated association or partnership
- 2) Turnover and employee count — primary rating factors
- 3) Industry and activities — risk profile for employment and regulatory exposure
- 4) Crime sublimit — aligned to cash handling, financial controls and employee access
- 5) Existing claims or circumstances — must be disclosed at inception
If you need to make a claim
- Notify at the first sign of any employee complaint, regulatory inquiry or demand
- Preserve employment records, correspondence and HR documentation
- Do not respond to regulatory bodies without involving us and the insurer
- Report even threats of action that have not yet formalised
Who this cover suits
- Company directors of private SMEs
- Boards of incorporated associations and clubs
- Trustees of family trusts with employees
- Rural businesses with staff and contractor relationships
Renewal checklist
- Review employee count and turnover at renewal — these affect premium and limits
- Confirm employment documentation practices — awards, contracts, policies
- Check crime sublimit against cash handling and financial control practices
- Update if any regulatory inquiries received during the year
Related pages
Business Insurance · Professional Indemnity · Cyber Insurance · Contact Us
❓ Common questions about this cover
Here are some of the questions we are commonly asked when arranging management liability insurance for clients across the Granite Belt, New England and Northern Rivers.
- How much does management liability insurance cost? Premium depends on your specific situation — cover type, sum insured, activities, claims history and insurer selection all affect the price. We compare options and explain the differences.
- Do I need a broker or can I go direct? You can go direct to an insurer, but a broker compares multiple markets, structures cover to match your needs, and advocates for you at claim time. For complex or rural risks, broker access often finds options not available direct.
- What happens if I need to claim? Contact us immediately. We manage the notification process, help you document the loss, liaise with the insurer and their assessors, and advocate for a fair outcome.
- How do I know if I’m underinsured? Your sum insured should reflect the full cost of rebuilding or replacing at today’s prices. We can help you review your sums insured at renewal.
Talk to a local broker
Granite Belt Insurance Brokers has been arranging insurance across the Granite Belt, New England and Northern Rivers since 1999. We are based in Stanthorpe and understand the local conditions, local risks and local insurer appetite. To arrange or review your insurance, contact us without obligation.
- Call: 07 4681 1289 — Monday to Friday 8:30am to 5pm
- ✉️ Email: email hidden; JavaScript is required
- Request a quote or review: Contact Us
Need management liability sorted? Talk to a local broker.
Why use Granite Belt Insurance Brokers
As an Authorised Representative of Community Broker Network Pty Ltd (CBN AFSL 233750) and a Steadfast Group member, Granite Belt Insurance Brokers has access to a broad panel of admitted insurers and products not available through direct channels. Our team holds formal qualifications including Diploma of Insurance Broking, QPIB and Senior Associate CIP (ANZIIF).
We act on your behalf — not the insurer’s — to help you understand your options, prepare information for underwriting, and support you through the claims process.
What to do next
If you would like to discuss your insurance requirements, contact us for a no-obligation conversation. We will help you understand what information is typically needed and what options may be available for your situation.
Call 07 4681 1289 · email hidden; JavaScript is required · Contact Us
All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal advice prior to acting on this information. Cover availability, terms, exclusions and premiums vary by insurer, product and individual circumstance.
Related pages
Granite Belt Insurance Brokers is a proud member of the National Insurance Brokers Association (NIBA) and subscribes to the NIBA Code of Practice. Our brokers hold formal qualifications including Diploma of Insurance Broking, Qualified Practising Insurance Broker (QPIB) and Senior Associate CIP (ANZIIF). We are an Authorised Representative (AR 000271148) of Community Broker Network Pty Ltd ABN 60 096 916 184 AFSL 233750.