Insuring for Executive Risks

These days, managing a business is a full time job – And that’s before you even think about running your business.

Employment law, cashflow, taxation, company law, health and safety, cyber security and even more red tape are just some of the things to be concerned about.

And the scary part – You can be personally liable to prosecution and fines for breaches of the above.

The good news is that Management Liability insurance protects the company and you (as a Director or Manager) from these risks, including:

• Insolvent trading
• Breach of employment laws, ie: discrimination or wrongful dismissal
• Crime (ie: fraud) committed by an employee or external party
• Statutory liability: Breach of laws ranging from environmental protection, occupational health and safety and consumer protection

Tempo Tips

• Management Liability is a must have for anyone that owns a business (or act as a Director).
• You will sleep better at night knowing that you are covered and without it, you are leaving your business and yourself at risk.