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.
PrivateEdge is designed to provide cover for a wide range of management liability exposures:
Broad cover for costs associated with defending directors, managers and employees against claims arising from their actions and decisions.
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.
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