Management Liability Insurance

There are a multitude of risks facing small businesses in Australia today, which is where a Management Liability policy can act as a safety net for your company. New legislation is always on the horizon; workplace accidents are now subject to high statutory scrutiny, employment disputes can be expensive affairs, whilst employee theft and commercial disputes are on the rise.

A Management Liability Insurance policy focuses on the act of running a company. It will address the serious exposures and risks confronting private companies and their management teams.

Key Benefits of Management Liability Insurance

1. Legal Defence

Management Liability insurance covers legal defense costs, including legal representation and court fees, which can be exorbitant in litigation cases.

2. Claims Protection

This coverage safeguards management personnel against claims related to alleged breaches of duty, mismanagement, wrongful termination, harassment, and more.

3. Reputation Preservation

A tarnished reputation can spell disaster for any business. Management Liability insurance often includes coverage for public relations efforts to mitigate reputational damage.

4. Financial Security

If management faces allegations of mismanagement leading to financial losses, this insurance can provide compensation for resulting monetary damages.

5. Navigating Regulatory Challenges

Management Liability insurance can cover costs arising from investigations by regulatory bodies, helping businesses navigate through complex legal processes.

The Differences Between D&O Insurance and Management Liability Insurance

Directors and Officers insurance and Management Liability insurance are both crucial for protecting businesses and their leadership from legal and financial risks. However, they serve distinct purposes and offer different scopes of coverage. Here are the key differences between these two types of insurance:

Directors and Officers (D&O) Insurance
  • Scope of Coverage: Personal liability protection for directors and officers.
  • Protection for Business: Primarily protects individuals' personal assets.
  • Breadth of Coverage: Focuses on claims related to wrongful acts, negligence, mismanagement by directors and officers.
  • Suitable For: Suited for businesses looking to protect their leadership from personal financial liability.
Management Liability Insurance
  • Scope of Coverage: Broader coverage encompassing directors, officers, and the company.
  • Protection for Business: Provides coverage for various business-related liabilities in addition to D&O protection.
  • Breadth of Coverage: Covers a wider range of risks, including employment practices, employee theft, fraud, and more.
  • Suitable For: Ideal for businesses seeking comprehensive protection for both leadership and operational risks.

Coverage and Policy Inclusions

A typical Management Liability insurance policy may include:

Directors and Officers Liability

Protection for personal assets of directors and officers against claims arising from alleged wrongful acts.

Company Reimbursement

Reimbursement for costs the company incurs when indemnifying directors and officers.

Corporate Liability

Coverage for claims against the company itself related to D&O actions.

Businesses That Benefit The Most From Management Liability Insurance

Management Liability insurance is tailored to meet the needs of various businesses, including but not limited to:

Small and Medium Enterprises (SMEs)
business-owner

With limited resources, legal claims can be daunting for SMEs. Management Liability insurance is vital for their protection and growth.

Public and Private Companies

Businesses of all sizes face legal challenges. This coverage equips them with a shield against potential threats to their leadership.

Non-Profit Organisations

Even non-profits need to safeguard their management from lawsuits that could divert resources away from their mission.

Get Your Management Liability Insurance Quote Today

Midland Insurance Brokers understands the intricate risks businesses face in today's corporate landscape. Our customised Management Liability insurance solutions empower businesses to make informed decisions, confident in the protection against legal and financial uncertainties.

Don't leave your business's future to chance. Contact us today to explore how Management Liability insurance can provide the security and assurance your business deserves.

Either fill out the 'Request A Quote' form on this page and one of our brokers will be in touch, or just give us a call on 1300 306 571.

Request A Quote


Midland Insurance Brokers Australia Pty Ltd
ABN 81 006 528 329 AFSL 238963
- Important information about insurance contracts
- Midland FSG
- Terms of Engagement
- Privacy statement and compliance
- General Insurance Code of Practice
- Insurance Brokers Code of Practice
- Complaints and disputes
Beau Runnalls

Beau Runnalls

Senior Insurance Broker

Beau is a senior insurance broker at Midland with seven years of industry experience supporting businesses across Australia. He works across a broad range of sectors, with particular expertise in earthmoving, heavy equipment, trades, and the winery industry.

Known for his attention to detail and measured approach, Beau focuses on delivering insurance solutions that are clear, practical, and free from unnecessary complexity. He remains actively engaged in professional development, ensuring his advice reflects current industry standards and best practice.

Beau places strong value on collaboration and long-term client relationships. Outside of work, he enjoys golf and football, reflecting his team-oriented mindset and active approach both professionally and personally.

Alex Petkovic

Alex Petkovic

Senior Insurance Broker  |  Development & Service

With 27 years of experience in the insurance industry, Alex is a senior broker at Midland, recognised for his depth of knowledge, attention to detail, and straightforward approach. While he works across a broad range of businesses, he has a particular focus on clients in the construction and building sectors.

Committed to keeping insurance clear and practical, Alex places a strong emphasis on honesty and client-first advice. He remains actively engaged with industry developments through ongoing professional development and research, and is also a natural mentor, regularly supporting and guiding emerging brokers within the team.

Joshua-Kerr

Joshua Kerr

National Sales Manager

Joshua is Midland’s National Sales Manager, with more than two decades of experience in the insurance industry. His expertise spans a wide range of insurance solutions, with particular depth in the winery and brewery sectors.

Taking a considered, people-focused approach, Joshua works closely with clients to understand how their businesses operate and the risks they face, allowing him to deliver insurance solutions that are both practical and relevant. He is known for his ability to make complex insurance concepts clear and approachable.

Outside of work, Joshua has a strong connection to community, having spent several years coaching junior basketball and serving as Vice President of a children’s basketball club. Staying closely attuned to industry developments, he is committed to helping clients make informed insurance decisions that support their long-term success.

Justin-Lane

Justin Lane

Director

Justin is a Director at Midland and has been part of the business since 2003. With more than two decades of experience, he works closely with small businesses across Australia, helping them secure insurance solutions that genuinely reflect the way they operate.

Known for his practical, solution-focused approach, Justin places strong emphasis on clarity, reliability, and long-term client relationships. His depth of industry knowledge and consistent, hands-on service have seen him become a trusted adviser to many business owners over time.

Damien Lane

Director

Since 2001, Damien has been central to Midland’s evolution, bringing more than two decades of industry experience and a strong commitment to client-focused service. His expertise spans a wide range of sectors, with recognised depth in the brewery and distillery space.

Working with independent brewers across Australia, Damien helps clients navigate complex operational risks with practical, grounded advice. He is known for his industry knowledge, clear communication, and ability to build enduring client relationships.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram