Whether your business is large or small, Management Liability Insurance can help protect you from many of the risks that threaten your daily operations and expose your bottom line. Among the risks your business can obtain cover for are unfair dismissal, bullying and harassment claims made by employees, occupational health and safety breaches, and direct financial losses resulting from acts of fraud or dishonesty committed by an employee or third parties.
Management Liability Insurance is generally suited to all residential and commercial builders and trade companies looking for protection against financial liability claims that can potentially threaten their operation and cash flow. Management Liability Insurance offered by HIA Insurance Services provides cover for a number of financial risks within one easy-to-manage policy.
Management Liability Insurance has been formulated to meet the unique risk environment that builders, subcontractors, professional services and manufacturers operate in.
The policy provides important coverage for all businesses so they can guard against potentially large financial liability claims. With Australian businesses subject to a variety of legislation governing their operation, it can be all too easy for these businesses to find themselves in breach, resulting in fines or other penalties being imposed.
Management Liability Insurance cover is provided as one easy-to-use policy that incorporates the following protections:
Note that HIA Insurance Services can arrange several different Management Liability Insurance policies that allow you to pick and choose which level of insurance cover is best suited to your business. Speak to an HIA Insurance Services broker for detailed policy cover information.
HIA Insurance Services (HIAIS) is a joint venture between the Housing Industry Association (HIA) and Aon. The partnership means HIAIS can combine the construction industry expertise of the HIA with the risk and insurance knowledge of Aon to provide products and advice that are specific to the residential construction industry.
We understand the unique risk exposures of Australian builders, tradies and subcontractors, which means we can offer you policies that are tailored for risks commonly found in the construction sector, as well as fast and efficient claims processes.