Tag: directors and officers insurance

management liability insurance, directors and officers insurance, financial lines insurance

What’s the difference between Directors’ and Officers’ Insurance and Management Liability?

Just ten years ago, less than one percent of small or medium sized businesses had any type of management liability insurance or directors' and officers' insurance (these are considered financial lines insurance). Now, and with more and more companies facing litigation in connection with management risks and exposures, management liability insurance is now considered a ‘must have’ for Australian businesses.

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