Management Liability Insurance
Many companies, their directors and senior managers unwittingly allow themselves and their personal assets to be exposed to litigation that is occurring more frequently than ever before.
Management Liability Insurance not only protects directors & managers for legal liability they may incur personally in managing a corporation, it also extends to the corporation itself for certain types of claims. The most common form of entity to which Management Liability Insurance is applicable is the proprietary company, no matter how small or large.