SME Management Liability Insurance

Comprehensive management liability insurance for small to medium-sized Australian businesses.

SME Management Liability

The misconception that privately held companies do not need management liability insurance can be financially devastating to companies and their executives if they are faced with legal action.

PrivateEdge is designed to give small to medium-sized Australian businesses the same market-leading protection as large corporations, with essential cover across a broad range of management liability exposures.

Product Highlights

Legal advice, whenever it's needed

Our customers have access to a panel of legal firms for complimentary advice on any matters relating to the policy via a confidential helpline. Panel firms are pre-approved to represent you in the event of a claim.

Fast, efficient claims service

With response times often critical, our customers have access to the resources and expertise of one of the most experienced financial lines claims teams. We stand ready to respond quickly to protect your company profits and reputation.

Tailored protection, simplified risk management

PrivateEdge is a modular policy offering core management liability and corporate liability options that provide essential cover to protect your business and its key decision makers, with optional supplementary modules to broaden cover as required.

For any enquiries about purchasing, renewing or making a claim on an AIG business policy, please contact your insurance broker or find a broker here.

PrivateEdge is designed to provide cover for a wide range of management liability exposures:

Management Liability:
Broad cover for costs associated with defending directors, managers and employees against claims arising from their actions and decisions.

Corporate Liability:
Protection for the business from claims of wrongful management, plus coverage for the accidental death of a director, and PR costs to prevent damage to or restore business reputation in the event of a crisis.

Employment Practices Liability:
Protects the business from claims for wrongful dismissal or discrimination by past and present employees, customers or suppliers.

Protecting the balance sheet from fraudulent or dishonest activities carried out by employees or outside third parties.

Superannuation Trustees Liability:
Protection for the business, trustees, employees and the fund itself against claims brought in relation to wrongful acts involving a plan, whether actual or merely alleged.

Statutory Liability:
Protecting both individuals and the entity against fines and pecuniary penalties.

PrivateEdge is designed for small to medium-sized unlisted companies in Australia across most industries, including manufacturing, retail, wholesale and professional services.

Larger or public companies, or financial institutions looking for management liability cover should consider Gold Complete